currency exchange market
An elastic product is one that if the price goes up, people will stop buying it. Examples of elastic goods are vacations, DVD's and other material items.
coffee
Rubber Band and spring is an examples of elasticity materials
No good is perfectly elastic: if it were, any raise in price would cause exactly zero units of the good to be demanded, and any drop in price would cause infinite units of the good to be demanded, which is not possible. Some goods are very elastic, however, like goods with close substitutes (Pepsi and Coke are good examples).
very thin sheets of rubber are elastic
catapault elastic band hairband
currency exchange market
An elastic product is one that if the price goes up, people will stop buying it. Examples of elastic goods are vacations, DVD's and other material items.
coffee
rubberbands
A trampoline and a jack in the box. I hope that helps :P
Rubber
Rubber Band and spring is an examples of elasticity materials
rubber,spandex,etc.
Rubber bands straps
No good is perfectly elastic: if it were, any raise in price would cause exactly zero units of the good to be demanded, and any drop in price would cause infinite units of the good to be demanded, which is not possible. Some goods are very elastic, however, like goods with close substitutes (Pepsi and Coke are good examples).