Reading Comprehension: Inference Questions
What may be inferred about items such as bread, water or medication?
Incorrect.
[[snippet]]While the demand for all three products is similarly inelastic, nothing in the passage indicates that the same level of demand exists for all three.
Great!
[[snippet]]Since the demand is inelastic, a seller could theoretically charge any price and still sell these products.
Incorrect.
[[snippet]]An inelastic product can cost any amount without affecting the demand for that product. This means that demand, not price, remains the same.
Incorrect.
[[Snippet]] The passage suggests nothing about the prices of these items in the Middle Ages.Incorrect.
[[snippet]]An inelastic product can cost any amount without affecting the demand for that product. This means that demand remains the same.