Economy, asked by qgirl8265, 12 hours ago

prove alcohol as an inelastic good.

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Answered by tomaranita979

Answer:

The demand for alcoholic beverages in total is expected to be highly price inelastic because there are no close substitutes for alcoholic beverages. ... This suggests that price elasticity is inelastic for beer, wine, and distilled spirits.

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prove alcohol as an inelastic good.​

Answers

prove alcohol as an inelastic good.