The demand for firewood is likely to be more elastic in summer than in winter.

Name: The demand for firewood is likely to be more elastic in summer than in winter.
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Question

Quizplus · Accepted Answer

During summer, people may have other alternatives for heating, such as air conditioning or natural ventilation, making the demand for firewood more elastic. In contrast, during winter, the demand for firewood is likely to be more inelastic because people may depend more on it for heating their homes.

The Demand for Firewood Is Likely to Be More Elastic