Economy, asked by samarahkhan12, 2 months ago

IGCSE O-LEVEL
Price elasticity Exam practice
Explain whether the price elasticity of demand for the following products is likely to be price elastic or price inelastic. Justify your answers.
1 Pineapples
2 Tobacco
3 Overseas holidays
4 Textbooks

Answers

Answered by mvdharineeshdharinee

1

Answer:

lastic or price inelastic. Justify your answers.

1 Pineapples

2 Tobacco

3 Overseas holidays

4 Textbooks

Explanation:

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