New Year Sale Special Limited Time 70% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: xmasmnth

Cigarettes and alcohol are often described as having an ‘inelastic price’.

Cigarettes and alcohol are often described as having an ‘inelastic price’. What does this mean?

A.

Changes in price will greatly affect how much of the item is bought

B.

Changes in price will not affect how much of the item is bought

C.

The product is subject to high rates of tax

D.

The product is subject to age restrictions

CIPS L4M6 Summary

  • Vendor: CIPS
  • Product: L4M6
  • Update on: Dec 16, 2025
  • Questions: 243
Price: $52.5  $149.99
Buy Now L4M6 PDF + Testing Engine Pack

Payments We Accept

Your purchase with ExamsVCE is safe and fast. Your products will be available for immediate download after your payment has been received.
The ExamsVCE website is protected by 256-bit SSL from McAfee, the leader in online security.

examsvce payment method