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Another example of an inelastic good is Matzoh at Passover. The price can increase and Jewish people will still purchase it for Passover. Kosher foods during Passover would likewise be inelastic.
Another example of an inelastic good is Matzoh at Passover. The price can increase and Jewish people will still purchase it for Passover. Kosher foods during Passover would likewise be inelastic.
==See Also==
[[Elastic good]]
[[Category:Economics]]
[[Category:Economics]]