Is Apple Price Elastic? In the real world, price elasticity of demand can be closely tied to brand reputation. For example, Apple has inelastic products because changes in price have little effect on demand: shoppers will still line up outside the store for a new Apple product. Is Coca Cola elastic or inelastic? For example,
Is Chocolate Price Elastic Or Inelastic? “Chocolate demand is inelastic; consumers don’t cut back when prices rise.” And they will probably not seek solace in cheaper alternatives or other types of candy. Does chocolate have inelastic demand? “Chocolate demand is inelastic; consumers don’t cut back when prices rise.” And they will probably not seek solace
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