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What else can I help you with?
What is a good with elastic demand at its current price?
Gas, fresh fruits and veggies, and cereal.
Are cereal companies inelastic or elastic?
no cereal companies are not inelastic because there is not a crucial demand for cereal if cereal companies were too raise the price of cereal to an ridiculously price there is a good chance that consumers will stop buying so that makes cereal elastic.........examples of inelastic companies are industries like pharmacuticals,oil , higene etc. things that we need.
Demand and its types?
Perfectly inelastic demand, perfectly elastic demand, elastic demand, inelastic demand etc.
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.
