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Demand would most likely be inelastic for which of the following?a, lamb chops and T-bone steaksb. gourmet cheesec. basic necessitiesD. luxury watches_____________________________________________which of the following is an informational report?a. a report recommending action based on what was discussed at a meetingb. a report summarizing a meeting that happened in the pastc.a report providing results based on the evaluation of data obtained from a focus groupD, a report endorsing a particular solution to a problem_________________________________as derived from French ,the word “journal” is best thought of as:a. journeyb. dailyc. to inscribed.to recount