The demand for such items as vacation travel,new cars and HDTV tend to be:

Name: The demand for such items as vacation travel,new cars and HDTV tend to be:
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The demand for these items tends to be influenced by factors such as price, income, and availability of alternatives. Consumers may be willing to delay or forego purchasing these items if the price is too high or if a comparable alternative is available at a lower price. Therefore, the demand for these items is relatively elastic.

The Demand for Such Items as Vacation Travel,new Cars and HDTV