Aglets are the metal or plastic tips on shoelaces that make it easier to lace your shoes. The demand for aglets is probably
A) inelastic.
B) unit elastic.
C) elastic but not perfectly elastic.
D) perfectly elastic.

Question

Quizplus · Accepted Answer

Aglets are a small, inexpensive component of shoelaces, and their demand is likely inelastic because consumers will continue to buy them even if the price changes, as they are a necessary part of shoelaces.

Aglets Are the Metal or Plastic Tips on Shoelaces That