It depends on whether electricity is necessity or luxury.
In the US where electricity is a necessity, the demand is likely to be inelastic
In Africa where electricity is luxury, the demand is likely to be elastic
This is unit elastic demand. Elasticity measures how price responds to a given variable (in this case demand). If prices and demand move at the same rate you have unit elastic demand. Mathematically it means the ratio of price change to demand change is 1.
rise in demand for shelter
A raise in demand for shelter
-_- answer it yourself dork
the relationship demand has with prices is that when the demand for a product is high the prices go high as well, like gas and food....
Perfect Competition
This is unit elastic demand. Elasticity measures how price responds to a given variable (in this case demand). If prices and demand move at the same rate you have unit elastic demand. Mathematically it means the ratio of price change to demand change is 1.
elastic potential
Alternate Current is one kind of electricity.
Rubber bands
A kind of elastic tissue
elastic deformation
static electricity
Elastic potential energy
Thermal Energy
elastic energy..
If it is stretched, it has elastic energy.