1. What characteristics do goods with elastic demand curves tend to have? Give an example of...

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1. What characteristics do goods with elastic demand curves tend to have? Give an example of a good that probably has a very elastic demand (don't just use the book examples). 2. What characteristics do goods with inelastic demand curves tend to have? Give an example of a good that probably has a very inelastic demand. 1. What characteristics do goods with elastic demand curves tend to have? Give an example of a good that probably has a very elastic demand (don't just use the book examples). 2. What characteristics do goods with inelastic demand curves tend to have? Give an example of a good that probably has a very inelastic demand.