Economy, asked by monica89, 1 year ago

make a list of products of inelastic and elastic price​

Answers

Answered by Rajmallick
1

Hey mate!..

Here is your answer....

Inelastic Goods and Services. Inelastic goods have fewer substitutes and price change doesn't affect quantity demanded as much. The most famous example of relatively inelastic demand is that for gasoline. As the price of gasoline increases, the quantity demanded doesn't decrease all that much....

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