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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.
The Walker Cup is related to which of the following sports?
Who was selected as the torchbearer from India for the 2024 Paris Olympics?
What is the title of the short film made by the Sports Authority of India on the athletes participating in the Asian Games?
Which institution has not partnered with the Morarji Desai National Institute of Yoga to introduce Yoga certification courses for women?
Which state is hosting the Final Rounds of the 77th National Football Championships for Santosh Trophy 2023-24?
Which type of bow is exclusively used in Olympic archery events?
What does receiving a 'red card' signify in a football match?
With which of the following games is the 'Bandodkar Gold Trophy' associated?
Who is the captain of the England Test cricket team?
How many Australian Open titles has Novak Djokovic won after his victory in the 2023 edition?