Jeans typically exhibit elastic demand because they are considered a non-essential item and have many substitutes available, such as other types of pants or casual wear. When prices for jeans increase, consumers may opt for alternative clothing options or delay purchases, leading to a significant change in quantity demanded. Additionally, factors like fashion trends and seasonal sales can further influence consumers' purchasing decisions, making demand for jeans responsive to price changes.
Jeans are elastic since you can substitute jeans with track pants or other pants.
Perfectly inelastic demand, perfectly elastic demand, elastic demand, inelastic demand etc.
elastic
Yes, the demand curve is elastic in this region.
Perfectly elastic demand. Relative elastic demand. Unit elasticity of demand. Relative inelastic demand. Perfectly inelastic demand.
Jeans are elastic since you can substitute jeans with track pants or other pants.
live in connecticut where can i find Blassports elastic waist jeans?
Perfectly inelastic demand, perfectly elastic demand, elastic demand, inelastic demand etc.
The demand is elastic when the price is low. So people will buy more good so that it's demand will become more elastic. Moreover ,the demand is elastic when there are some new inventions.
Demand is unit elastic.
elastic
difference between elastic and inelastic demand
Yes, the demand curve is elastic in this region.
Perfectly elastic demand. Relative elastic demand. Unit elasticity of demand. Relative inelastic demand. Perfectly inelastic demand.
there are five types.1).perfect elastic demand,2)perfect inelastic demand,3).relatively elastic demand,4).relatively inelastic demand4).unity elastic demand
Highly elastic.
A perfectly elastic demand is represented on the traditional supply and demand graph with a straight horizontal line. An elastic demand that is not perfect would be represented as any line with a slope between 0 and -1.