Which of the following will have the most elastic demand?
A)frozen desserts
B)ice cream
C)strawberry ice cream
D)a banana split made with strawberry and chocolate ice cream
E)a banana split with with Nestle strawberry and chocolate ice cream

Question

Quizplus · Accepted Answer

The demand for a specific brand and flavor, like a banana split with Nestle strawberry and chocolate ice cream, is more elastic because consumers can easily switch to other brands or flavors if the price changes.

Which of the Following Will Have the Most Elastic Demand