Difference between Flexible and Inelastic Demand. A flexible request is one where a small change in the purchase price will trigger extreme improvement in this new demand for the product.

Difference between Flexible and Inelastic Demand. A flexible request is one where a small change in the purchase price will trigger extreme improvement in this new demand for the product. It differs from a keen inelastic demand in the sense that a great change in speed may have no or little impact on the demand … Continue reading Difference between Flexible and Inelastic Demand. A flexible request is one where a small change in the purchase price will trigger extreme improvement in this new demand for the product.