Which scenario represents a product with inelastic demand?

Question 20 options:

@A toothpaste brand manager notes a significant drop in sales for the weeks, aligned with a sales promotion of a competitive toothpaste product

A slight increase in the increase in price of a popular car model creates a large drop in sales.

A small price drop in a hockey stick creates a buying frenzy at a local sports store.

Pet adoption services increase prices during the COVID pandemic, but the number of animals adopted continues to climb, anyway.

@A shift in the demand curve means that:

Question 7 options:

The availability of substitutes remains the same.

Consumer incomes remain the same.

Consumer tastes remain the same.

At a given price, more (or less) product is sold.

@Prices in vending machines tend to be higher because:

Question 26 options:

	Machines typically sell very unique items.
	Machines are placed in high demand areas.
	Customary pricing requires certain coin amounts regardless of markup.
	Maintenance and operating costs are high.