Since the drug is lifesaving and has no close substitutes, the demand is likely to be relatively inelastic. This means that even if the company increases the price, the quantity demanded will not decrease significantly because patients are willing to pay a high price for a life-saving treatment.
_________is a formula for rust.
Which of the following is the hardest mineral?
Which of the following is an example of a colloidal solution?
Which is the best fire-extinguisher?
Naphthalene balls, commonly used as a pest repellent, are derived from which source?
What is the chemical name for baking soda?
Which chemical compound is commonly known as Pearl Ash?
What is the chemical name of baking soda?
Terylene is a condensation polymer of ethylene glycol and which acid?
In which form is iron ore primarily found in nature?