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Barry customizes Harley-Davidson motorcycles. No two cycles are alike. He notices that very few customers even ask the price of his motorcycles before they decide to purchase them. Demand for his motorcycles is probably ________.A. price sensitive.

B. price elastic.
C. price inelastic.
D. income elastic.
E. cross-price elastic.

1 Answer

4 votes

Answer:

Price inelastic

Step-by-step explanation:

The demand for a good is price inelastic when changes in price dont affect the quantity demanded.

Barry's customers do not consider price when making purchases. Prices, therefore, do not influence their purchasing decisions. If prices change, the quantity demanded would remain unchanged.

I hope my answer helps you.

User Delforge
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