inelastic? Wh Mia wants to throw a nice birthday party for her boyfriend on Sunday. It's Wednesday and she goes shopping for a chocolate cake-his favorite. However, she notices at all the stores around her the price for chocolate cake has gone up by $10. If she buys a chocolate cake, she will only have $10 left to buy him a gift. Is the chocolate cake elastic or inelastic? Also, place it on the chart. Explain your reasoning. amo GASOLINE Movies Life saving (entertainment) Medicine Gas Salt Television Pop/Soda Milk Very Inelastic Neither Very Elastic Elastic or Inelastic