Economics Today 18th Edition by Roger LeRoy Miller

تمرين 9

Based solely on the information provided below, characterize the demands for the following goods as being more elastic or more inelastic a. A 45-cent box of salt that you buy once a year
B) A type of high-powered ski boat that you can rent from any one of a number of rental agencies
C) A specific brand of bottled water d. Automobile insurance in a state that requires autos to be insured but has only a few insurance companies
E) A 75-cent guitar pick for the lead guitarist of a major rock band