It is inelastic due to houses taking a long time to build so there will be a short supply of housing. there are also no alternatives to housing. There is but that is if you want to become homeless.
elastic
The midpoint between elastic and inelastic is unit elastic
is soap elastic or inelastic supply
Inelastic
just check momentum before and after and if they're the same then elastic if not then inelastic.
what is elastic and inelastic collision what is elastic and inelastic collision what is elastic and inelastic collision
elastic
The midpoint between elastic and inelastic is unit elastic
is soap elastic or inelastic supply
elastic
Inelastic
just check momentum before and after and if they're the same then elastic if not then inelastic.
difference between elastic and inelastic demand
elastic
Highly elastic.
elastic
An elastic item benefits from price decreases whereas an inelastic item does not.