Answer:
inelastic
Explanation:
According to my research on Economic Studies, I can say that based on the information provided within the question In this instance, the demand for insulin is representative of inelastic demand. This type of demand elasticity is defined as when demand remains the same regardless of price fluctuations, people tend to always buy the same amount of that product. Which is what is happening with Pure Drug's insulin. Mostly because insulin is a necessity but has an expiry period therefore cannot be hoarded when prices drop.
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