OpenStudy (isaiah.feynman):
I need clarifications on what elastic ans inelastic means with examples please.
OpenStudy (rina.r):
http://answers.yahoo.com/question/index?qid=20120225013728AAn8P5q https://www.khanacademy.org/economics-finance-domain/microeconomics/elasticity-tutorial/price-elasticity-tutorial/v/perfect-inelasticity-and-perfect-elasticity-of-demand this might help u.
OpenStudy (anonymous):
Alright elastic refers to goods and services of which the price changes (usually an increase), consumers will respond so they will change consumption to another good or service, for example a sports car because it's not needed. With inelastic goods and services no matter how much price changes (again usually and incease) consumer consumption on it will not change- they will still buy it to satisfy their needs and wants, for example white bread-> it's necessary.
Join our real-time social learning platform and learn together with your friends!
albert14ring:
Can you give me suggestions on the fastest and most organized way to be ready early in the morning to go to school without any confusion or delay? The impor
Twaylor:
how to make good breakfast food ingredients : 1 mother flat bread bananas peanut
lovelove1700:
u00bfA quu00e9 hora es tu clase?Fill in the blanks Activity unlimited attempts left Completa.
glomore600:
find someone says that that one person your talking to doesn't really like you should I take their advice and leave or should I ask the person i'm talking t
Addif9911:
Him I dimmed the light that once felt mine, a glow I never meant to lose. I over-read the shadows, let voices crowd the room where only two hearts shouldu20
EdwinJsHispanic:
Poem to my mom who proved my point "You proved my point, I am a failure. but I kinda wish, you were my savior.
Wolfwoods:
The Modern Princess "you spoke so softly to me, held me close when no one else did, loved me in a way no one else dared to.