Which of the following has the most elastic demand?
A)Post Raisin Bran cereal
B)raisin bran cereal
C)bran cereal.
D)breakfast cereal.
E)prescription drugs.

Name: Which of the following has the most elastic demand? A)Post Raisin Bran cereal B)raisin bran cereal C)bran cereal. D)breakfast cereal. E)prescription drugs.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Post Raisin Bran cereal is a specific brand and has more substitutes available in the market which makes it more elastic than the other options.

Which of the Following Has the Most Elastic Demand