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C A foundation Economics Paper4 Part I Questions for practice


Q35) Which of the following groups of goods have inelastic demand?

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Correct

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Solution:
he correct answer is (c) Salt, School Uniform, and Medicine.

Inelastic demand refers to a situation where the quantity demanded of a good or service does not change significantly in response to a change in price. In other words, the demand for the good is relatively insensitive to changes in price.

Salt, school uniforms, and medicine are all examples of goods that have inelastic demand.
Correct option is (c)