Which types of goods have elastic demand. 1.Non-essential or essential goods? 2.More substitute or less substitute?

asked Nov 2, 2021 183k views

5 votes

Which types of goods have elastic demand.

1.Non-essential or essential goods?
2.More substitute or less substitute?

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2 votes

Answer:

none essential Goods

Step-by-step explanation:

non-essential Goods have a high elasticity of demand

Greg Witczak answered Nov 9, 2021

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