When the prices a particular product go up, the demand for the product goes down significantly. Here, the demand is said to be highly elastic as it is sensitive to price changes. Which of the following products is most likely to have the elastic demand trend? Kit Kat chocolate bar Gasoline Salt Cooking oil If the price of spreadable butter decreases significantly, the demand for spreadable butter increases. At the same time, demand for Margarine decreases even though the prices of margarine stay same. Therefore, price decrease of spreadable butter causes the decrease in the sales of Margarine. These two products are Substitutes Complements Elastic Inelastic