Economy, asked by yangmintashi, 10 months ago

Explain why the salt is called as perfectly inelastic good

Answers

Answered by Anonymous
13

Answer:

The demand for salt is inelastic because irrespective of the change in price, the demand for salt remains the same. Inelastic demand is usually seen for necessary goods like salt, sugar, milk etc

Explanation:

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Answered by ishayadav80
4

hlo mates..

The demand for salt is inelastic because irrespective of the change in price, the demand for salt remains the same. Inelastic demand is usually seen for necessary goods like salt, sugar, milk etc.

hope it help you!

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