Are Fruits And Vegetables Elastic Or Inelastic?
Are Fruits And Vegetables Elastic Or Inelastic? All fruits are own-price elastic with the exception of bananas which are slightly inelastic, but not significantly so. Apples, pears, and bananas are expenditure inelastic while oranges, grapes and other fruits are expenditure elastic. Are fresh vegetables elastic or inelastic? Results show that the demand for fresh vegetables