Demand for water is –
(a) Elastic
(b) Inelastic
(c) Perfectly elastic
(d) Relatively elastic
Answers
Answered by
2
Answer:
Demand for water is inelastic because water has no close substitutes. Water is used for everyday use. It is a necessity. The demand for necessities are inelastic when compared to luxuries
Explanation:
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Answered by
1
Demand for water is –
(a) Elastic
(b) Inelastic
(c) Perfectly elastic
(d) Relatively elastic
Answer :
(b) ✓ Inelastic.
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