2 ms·
Overall food demand is inelastic, people can only eat so much. But specific foods can absolutely be elastic, different types of food kind of come in and out of
by TulliusCicero 2y ago
Overall food demand is inelastic, people can only eat so much. But specific foods can absolutely be elastic, different types of food kind of come in and out of vogue (avocado usage in the US is massively up over the last few decades).