1. Russia invaded Ukraine.
2. Ukraine does not belong to NATO.
3. Countries in the neighbourhood of Ukraine belong to NATO.
4. American land forces are the best in the world.
5. Countries surrounding Ukraine do not want to have Russia in their surroundings.
6. American land forces will prevent other countries (belonging to NATO) from Russian attack.
Do you have answer choices?
I believe the answer is: its supply or demand is not sensitive to price changes
A goods would fall under inelastic category if that product is considered as basic/primary needs for most consumers.
Example of such goods is food and water. No matter how much the price of food and water rises, the demand for this goods would stay relatively stagnant because people have to use them to survive.
It made the U.S and Soviet Russia more unlikely to go into open war with one another
