question archive Which of the following goods is perfectly inelastic: a
Which of the following goods is perfectly inelastic: a
Subject:EconomicsPrice:2.88 Bought3
Which of the following goods is perfectly inelastic:
a. A life-saving medication,
b. Photocopies that cost 11 cents per copy at one copy shop and 10 cent per copy at this shop's competitor located next door,
c. A fast-food restaurant located in the food court of a shopping mall,
d. The water bill you pay.
Option 1
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