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Sort the items below into two main categories: whether demand for each type of good is relatively elastic or relatively inelastic. Items (5 items) (Drag

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Sort the items below into two main categories: whether demand for each type of good is relatively elastic or relatively inelastic. Items (5 items) (Drag and drop into the appropriate area below) Goods that are Goods on which Consumers have Goods that have Goods that are necessities. consumers spend a long time to a large number of narrowly defined. a small share of adjust to a available their budget. change in price. substitutes. Categories Relatively Elastic Relatively Inelastic Drag and drop here Drag and drop here

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