Highly unresponsive to changes in some endogenous factor.
Highly elastic.
Inelastic
just check momentum before and after and if they're the same then elastic if not then inelastic.
Inelastic It is inelastic because it is a necessity, which is a factor that determines price elasticity, bread is a staple diet around the world which makes it a need and therefore a necessity which is inelastic.
Inelastic is something which is not flexible. You cannot stretch any inelastic product, whereas you can easily stretch the products which are flexible.There are two types of elasticities in economics.1. Elastic2. inelastic
Highly elastic.
The price of salt, which is highly inelastic in our economy, WILL NOT change due to other variables, such as one seller raising prices to increase profits or meet new costs. Because... someone else will always be there selling cheap salt. There is a lot of salt, in a lot of places. Hence, its price is inelastic.
what is elastic and inelastic collision what is elastic and inelastic collision what is elastic and inelastic collision
Inelastic
Inelastic brainly agrees plus me
just check momentum before and after and if they're the same then elastic if not then inelastic.
Inelastic It is inelastic because it is a necessity, which is a factor that determines price elasticity, bread is a staple diet around the world which makes it a need and therefore a necessity which is inelastic.
Inelastic is something which is not flexible. You cannot stretch any inelastic product, whereas you can easily stretch the products which are flexible.There are two types of elasticities in economics.1. Elastic2. inelastic
elastic
is soap elastic or inelastic supply
it is perfectly inelastic
difference between elastic and inelastic demand