0
Designer clothes are often considered price elastic because they are luxury items with many substitutes available in the market. When prices increase, consumers can easily switch to more affordable alternatives or brands without significantly affecting their overall wardrobe. Additionally, the demand for designer items is influenced by trends and consumer preferences, leading to greater sensitivity to price changes. As a result, a rise in price may lead to a noticeable decrease in quantity demanded.
What else can I help you with?
Is the NHS as a service price elastic or inelastic?
elastic
Is the price and demand for junk food elastic or inelastic?
elastic
What is the difference between price elastic and unit elastic?
Unit elastic - Describes a supply or demand curve which is perfectly responsive to changes in price. That is, the quantity supplied or demanded changes according to the same percentage as the change in price. A curve with an elasticity of 1 is unit elastic.
Will the supply of a good be more elastic if the price of the good increases?
Yes, the supply of a good will be more elastic if the price of the good increases.
What is a good with elastic demand?
A good with elastic demand is one where a small change in price leads to a significant change in the quantity demanded. For example, luxury items like designer clothing or electronics often exhibit elastic demand; if their prices rise, consumers may quickly reduce their purchases or switch to alternatives. Conversely, essentials like bread or milk typically have inelastic demand, as consumers will buy them regardless of price changes.
What is the meaning of designer clothes?
designer clothes
What is the design of clothes?
designer clothes
Where are some places to buy designer clothes at discount prices?
A really good place to buy designer clothing at a los price is tjmax. the buy straight from the designer so you will not have to worry if its last seasons clothing.
Where can I buy designer clothing at a discount price?
Ross, Marshalls, and T.J. Maxx sell designer clothing at a discount price. To find either of the stores nearest you, visit www.yellowpages.com Ebay is a great place to buy designer clothing at a discounted price. You can get lots of clothes for more than half off, new or used!
Why are high-street clothes better than designer clothes?
Not as dear as designer clothes so you can save more money and add more things to high-street clothes. Designer clothes are way too expensive
How much do designer clothes cost?
designer brands clothes have a very wide choice of price ranges from 200$ for normal ones up to 12000$ for very special one decorated with diamonds and other precious stones.
What it a clothes designer?
A person who designs clothes.
On girlsense how do you buy designer clothes?
Go to a designer boutique and then click on shop here now you are able to buy the designer clothes
Is the NHS as a service price elastic or inelastic?
elastic
Is eating out in a restaurant elastic?
yes,its price elastic
Do designer wear other designer clothes?
yes
Who sells designer clothes near me?
As I don't know where you are located, www.bluefly.com and www.emoda.com both sell designer clothes online, and will deliver to your house. A local mall is a good place to find designer clothes. There are also multiple designer clothes retail stores in every city.
