Fill in the Blank Using Appropriate Alternatives Given Below the Demand for Perishable Goods is _______ - Economics

MCQ
Fill in the Blanks

Fill in the blank using appropriate alternatives given below

The demand for perishable goods is _______

Options

• elastic

• inelastic

• unit elastic

• perfectly inelastic

Solution

The demand for perishable goods is inelastic.

Concept: Demand
Is there an error in this question or solution?