(Consider This) Elastic demand is analogous to a , and inelastic demand to a .
A) normal wrench; socket wrench
B) tight rubber band; loose rubber band
C) Ace bandage; firm rubber tie-down
D) one-foot ruler; tape measure

Question

Quizplus · Accepted Answer

Elastic demand is like an Ace bandage, which stretches and adjusts easily, while inelastic demand is like a firm rubber tie-down, which is rigid and does not stretch easily.

(Consider This) Elastic Demand Is Analogous to a , and Inelastic