keystonetoday1
keystonetoday1 keystonetoday1
  • 22-11-2019
  • Business
contestada

Which of the following accurately describes a situation in which consumers have inelastic demand?

Respuesta :

zunesyed
zunesyed zunesyed
  • 27-11-2019

Answer:

Demand for the coffee is inelastic

Explanation:

Inelastic demand is when individuals can't quit any pretence of utilising a good. People can't stop drinking coffee despite the fact that they need to cut  down on caffeine consumption. The demand for coffee is inelastic because change in the price or the after effects of coffee does not change the demand for coffee consumption.

Answer Link

Otras preguntas

Which statement best describes London dispersion forces?
*URGENT!!!! What are 2 values that George Orwell presents in Animal Farm, and what are his attitude towards these? (example - George Orwell values equality, hi
Who wrote The Trojan Women and other plays about the Athenians’ treatment of women? A. Aristophanes B. Aeschylus C. Euripides D. Sophocles
taxes represent ? cash outflow, equity liability, cash inflow or accounts receivable liability
how is the x,y,z coordinate system represented in 3D graphics ?
what is a non negative abscissa and non negative ordinate?
In which number is the value of 5 ten times the value of 5 in 10.059
Which of the following statements is true? Groundwater is the largest available source of freshwater. Most of Earth's water is found in lakes, rivers, and stre
DANIEL DEFOE IS considered brainly
What are the key traits of totalitarianism