Buscar
Estás en modo de exploración. debe iniciar sesión para usar MEMORY

   Inicia sesión para empezar


Por supuesto:

Economics A Level

» Iniciar este curso
(Practica preguntas similares gratis)
Pregunta:

How can the Type of Good/Service be an Influence to Price Elasticity of Demand

Autor: go kys



Respuesta:

-For Essential Goods, it is Price Inelastic. Consumers will still need to Buy even if Price goes Up. Non-Essential Goods is the Opposite [Elastic] -Goods that are Habit-Forming [Tabaco, Alcohol] are Demand Price Inelastic -Goods that can not be Postponed are Demand Price Inelastic -Goods with Several Uses, like Water, are Price Inelastic.


0 / 5  (0 calificaciones)

1 answer(s) in total

Autor

go kys
go kys