is the demand for children relatively elastic or relatively

is the demand for children relatively elastic or relatively inelastic? (children being the product)

Solution

The demand for chlidren is relatively inelastic.

Explanation:- Percentage change in quantity demand of product is less than the percentage change in its price for children.

is the demand for children relatively elastic or relatively inelastic? (children being the product)SolutionThe demand for chlidren is relatively inelastic. Expl

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