Gas was price at $1.25 in the 1980s.
I have a box of 10.75 oz general mills cereal. the cereal millenios 2000 is on the front. I want to know how much is it worth. There should be a price guide on it. The cereal was made in January 2000. General mills made the cereal but cheerios is on the front to
Trix
$2.39
10 cents
$ 0.15
no cereal companies are not inelastic because there is not a crucial demand for cereal if cereal companies were too raise the price of cereal to an ridiculously price there is a good chance that consumers will stop buying so that makes cereal elastic.........examples of inelastic companies are industries like pharmacuticals,oil , higene etc. things that we need.
people eat cereal for breafast now and milk is at an average price so it will not change in price at all:)
about tree fidy...
$4, but it ranges from $2.50 to $5
The price was $2.95 in Australia
In 1977, the average price for a barrel of crude oil was $14.40 (about $60.00 in today's dollars).