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Natalija [7]
4 years ago
10

Organize the goods found in the following table by indicating which is likely to have the most elastic demand, which is likely t

o have the least elastic demand, and which will have demand that falls in between.
Social Studies
1 answer:
professor190 [17]4 years ago
6 0
Inelastic demand : will be least affected by the change in price, usually a basic needs
Elastic demand : will be the most affected by change in price

Example of products from the MOST ELASTIC to the LEAST ELASTIC :

Boot-Cut Jeans --  Pants -- Clothing
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