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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.
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Are jeans elastic or inelastic?
Jeans are elastic since you can substitute jeans with track pants or other pants.
Is fruit elastic or inelastic demand?
elastic
Is it true that the demand curve is elastic in this region?
Yes, the demand curve is elastic in this region.
Different degrees of elasticity of demand?
Perfectly elastic demand. Relative elastic demand. Unit elasticity of demand. Relative inelastic demand. Perfectly inelastic demand.
Demand for wine is elastic or inelastic?
Highly elastic.
Are jeans elastic or inelastic?
Jeans are elastic since you can substitute jeans with track pants or other pants.
Where can you find Blassport elastic waist jeans?
live in connecticut where can i find Blassports elastic waist jeans?
Demand and its types?
Demand is the willingness and ability to buy goods or services, and it can be classified into several types based on usage, consumers, and purpose. for more:nsda.gov.bd/pages/static-pages/6922dfd0933eb65569e241df
When demand is elastic?
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.
When a firm's marginal revenue is zero what can be said about the elasticity of demand for the output of the firm A. Demand is inelastic. B. Demand is elastic. C. Demand is unit elastic.?
Demand is unit elastic.
Is fruit elastic or inelastic demand?
elastic
Difference between elastic and inelastic demand?
difference between elastic and inelastic demand
Is it true that the demand curve is elastic in this region?
Yes, the demand curve is elastic in this region.
Different degrees of elasticity of demand?
Perfectly elastic demand. Relative elastic demand. Unit elasticity of demand. Relative inelastic demand. Perfectly inelastic demand.
What are the types of price elasticity of demand?
there are five types.1).perfect elastic demand,2)perfect inelastic demand,3).relatively elastic demand,4).relatively inelastic demand4).unity elastic demand
Demand for wine is elastic or inelastic?
Highly elastic.
How is elastic demand represent graphically?
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.
