andrew473678 andrew473678
  • 25-01-2021
  • Business
contestada

Which of the following has inelastic demand: O Movie tickets Ice cream O Televisions Bread​

Respuesta :

Samawati
Samawati Samawati
  • 26-01-2021

Answer:

Bread​

Explanation:

Inelastic demand tends to remain relatively stable despite price changes. Inelastic demand is a stable demand, or demand that is not stretching. Foodstuffs and essential goods tend to have constant demand regardless of changes in prices. People have to consume these goods no matter their costs.

Bread is foodstuff. People must eat to survive. The demand for bread and other foods stuff will remain relatively constant despite changes in prices.

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