0
Studies indicate that the demand for fresh tomatoes is much more elastic than the demand for salt These findings reflect that?
Wiki User
∙ 14y ago
There are more suitable alternatives to fresh tomatoes than there are suitable alternatives to salt. The desire for fresh tomatoes is driven more by preference, whereas the desire for salt is driven more by need.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
What do positive and negative cross elasticity indicate?
the demand for good A and the demand for good B are both price elastic
What goods the example of unitary elasticity supply?
Unit elastic supply basically means that if price of a good rises, the supply of that good will rise an equal amount. A good example of his would be tomatoes.
What will be the total higher quantity do in the elastic inelastic and unit-elastic?
The midpoint between elastic and inelastic is unit elastic
What are the types of supply elasticity?
Types of elasticity of supply1) Perfectly elastic supply2) Relative elastic supply3) Unitary elastic supply4) Relatively in elastic supply5) Perfectly in elastic supply
Is fruit elastic or inelastic demand?
elastic
What do positive and negative cross elasticity indicate?
the demand for good A and the demand for good B are both price elastic
True or False the steeper the demand curve the less elastic the demand curve?
It is false that the steeper the demand curve the less elastic the demand curve. The steeper line is used in economics to indicate the inelastic demand curve.
What goods the example of unitary elasticity supply?
Unit elastic supply basically means that if price of a good rises, the supply of that good will rise an equal amount. A good example of his would be tomatoes.
Can be stretched and then return to its own shape?
elastic
What is the suffix for elastic?
suffix for elastic
Why is Elastic Clause called Elastic Clause?
It is called Elastic Clause because it can be stretched like elastic.
What will be the total higher quantity do in the elastic inelastic and unit-elastic?
The midpoint between elastic and inelastic is unit elastic
What has the author Robert K Jr McConnell written?
Robert K. Jr McConnell has written: 'Theoretical studies in prospecting for massive geologic bodies using elastic waves'
What is elastic and inelastic collisions in terms of momentum?
what is elastic and inelastic collision what is elastic and inelastic collision what is elastic and inelastic collision
Is lay taxes elastic enumerated or denied?
elastic clause ~smooched~
What is a elastic medium?
the elastic is medium
Is a BMW an elastic or inelastic?
elastic
