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Commodities of inelastic demand

Which of the given commodities contain inelastic demand? A) Salt B) A particular brand of lipstick C) Medicines D) Mobile phone E) School uniform

E

Expert

Verified

Salt, medicines and school uniform encompass inelastic demand. The cause being that a consumer has to purchase such commodities even via price of such commodities changes.

Even a substantial modification in price leaves the demand unaffected.

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