0
Which product is an example of a good with inelastic demand life-saving medicine a particular brand of chewing gum television sets computers?
Wiki User
∙ 7y agoWant this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What type of demand does salt and television and food grains have?
I would say that salt and food grains have an inelastic demand and television has an elastic demand.
Draw a demand curve illustrating price inelastic demand and explain how the curve relates to the definition of price elasticity of demand?
A perfectly inelastic demand curve will be completely horizontal and means that consumers would any price for a particular good, which is almost impossible. The closer to being horizontal a demand curve is, the more inelastic the demand.
Is salt an elastic or inelastic product?
Inelastic
How do you determine if a collision was elastic inelastic or perfectly inelastic?
just check momentum before and after and if they're the same then elastic if not then inelastic.
Is bread elastic or 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.
Are Dell laptops elastic or inelastic?
By it's strictest definition, laptops are not "elastic" because they cannot be stretched. In a broader sense, laptops are relatively inelastic because they lack the ability to be upgraded robustly.
What type of demand does salt and television and food grains have?
I would say that salt and food grains have an inelastic demand and television has an elastic demand.
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
Draw a demand curve illustrating price inelastic demand and explain how the curve relates to the definition of price elasticity of demand?
A perfectly inelastic demand curve will be completely horizontal and means that consumers would any price for a particular good, which is almost impossible. The closer to being horizontal a demand curve is, the more inelastic the demand.
Is salt an elastic or inelastic product?
Inelastic
What concepts best describe the supply of housing?
Inelastic brainly agrees plus me
How do you determine if a collision was elastic inelastic or perfectly inelastic?
just check momentum before and after and if they're the same then elastic if not then inelastic.
Is bread elastic or 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.
What 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
Is the price and demand for junk food elastic or inelastic?
elastic
Is supply for bar soap inelastic or elastic?
is soap elastic or inelastic supply
If the elasticity equals 0 is demand perfectly elastic or perfectly inelastic?
it is perfectly inelastic
