The matching of the demand as relatively elastic or relatively inelastic can be done as;
- Klaus' demand for orange juice (Relatively elastic)
- Amanda's annual demand for coffee(Relatively elastic)
- Jackson's demand for mystery novels(Relatively inelastic)
- Hermy's demand for Minute Maid orange juice(Relatively inelastic)
- Olivia's daily demand for Starbucks latte(Relatively inelastic)
- Stephen spends a very little part of his income on soda(Relatively elastic)
- Xavier's demand for his economics textbook(Relatively inelastic)
<h3>What is Elasticity of demand?</h3>
Elasticity of demand can be regarded as the variation on the concept of demand.
It should be noted that elastic demand involves change in quantity demanded as a result of change in price.
Learn more about Elasticity of demand
brainly.com/question/26576823
Answer:
The moment when Minerva disguises Ulysses as an old beggar.
Explanation:
Well there are 18 trucks in the parking lot. So there are 12 cars
Answer:
you sound like that guy on tik who yells and makes these angry faces because were sad and he makes our day better i forgot his user
Explanation:
you are very inspirational i hope ill bust some tears at your memes tho
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