The demand for gold toe socks is likely to be more elastic than the demand for power tools because:

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Business

Kayleigh Mack

28 January, 03:59

The demand for gold toe socks is likely to be more elastic than the demand for power tools because:

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Abbey Burgess · Answer 1

The demand for gold toe socks is likely to be more elastic than the demand for power tools because, generally speaking, power tools would be a bit more expensive than gold toe socks would be, and they also may have more substitutes than power tools would have.