Plz help me out frndz..?

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Plz help me out frndz..?

Postby leo » Thu Aug 12, 2010 5:50 pm

why is the demand for perfumes price elastic ??
i have got only two reason till now..
i.e SUBTITUTES ARE AVAILABLE
and
LUXURY GOOD (and sometimes necessity)

plz tell some more.
leo
 
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Plz help me out frndz..?

Postby lleweliyn » Thu Aug 12, 2010 6:01 pm

Because it's not a necessity.
lleweliyn
 
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Plz help me out frndz..?

Postby macbride31 » Thu Aug 12, 2010 6:14 pm

its cheap !!!!!!!!!!!!!!!!!!!!1 :)
macbride31
 
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