Examples of Elastic Goods?

Answer

Some of the examples of elastic goods are cars, instrument engineering products, or even furniture. Elasticity states the interrelationship between the price of a good and the demand for the good.
Q&A Related to "Examples of Elastic Goods?"
coffee.
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Drinking water is a good example of a good that has inelastic characteristics
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Gasoline is an example of elastic good. When gasoline prices dip, everyone drives in to fill up their tank. Otherwise, quantity purchased jumps drastically.
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Exchange items like currencies, commodities/futures, and publicly traded stock. When any little ol thing in the market changes the perceived value has a seizure. Software can be another
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