Orange Juice is much more elastic than milk.
First of all, it represents an insignificant part of the consumer's budget
Secondly, it has a lot of close substitutes (IE. mango juice, etc.)
On the contrary, there is no single substitute for milk, unless you want
to dip cookies in orange juice, or cereal with mango juice.
A product is likely to be more elastic the more dispensable or unnecessary it is to the consumer. For instance, if the price increases and the product is elastic, the consumer will not demand as much because they can do without it.
If a modest price increase has little no no effect on the demand it means that the product is inelastic. Inelastic goods are those that people will need no matter what the price is, such as most medications, and food as a whole (not specific brands). Elastic goods are defined as goods were the demand fluctuates as the price fluctuates. These are different brands of foods (If Dole starts to charge more for apple juice consumers will switch to Tropicana orange juice.)
A firm making underwear will need a supply of elastic.
In laymans terms it is because oranges are a crop that is dependant on the weather. A heavy frost can wipe out orange production causing supply to be lower than demand thus driving the price of oranges and orange products up. Toothpaste is a manufactured item that is not dependant on good weather and therefore supply can remain constant to keep up with demand.
No. It's more elastic in the long run than the short run.
i think that orange juice is healthier than milk because it has calicium and potassium but has sugar and milk only has calcium and milk has fat Also orange juice has vitamin c but milk does not but if you were to have milk have goats milk because it is healthier
For the same serving size, the milk in my fridge has 510 mg and my orange juice has 430 mg. My milk has slightly more potassium. This may vary from brand to brand, but it seems that milk and orange juice have relatively similar amounts of potassium.
it is water as milk and juice has more ingredients
The bourbon is more dense then the rest.
Orange juice
Molasses because its thicker. Thicker means it has a higher viscosity.
orange works better because it has more citric acids than apple juice does, all the apple juice will do is make the penny stickier.
A banana would mold faster in orange juice because it is more acidic than milk. Molds can grow over a pH range of 2-8.5 however molds tend to grow better at an acidic pH.
Milk
Orange
No. Alloys are composed of elements that are a bit more metallic than orange juice,
They don't,electrolytes are higher in orange juice.