Question

Salima is a devoted Coca-Cola consumer, whereas Antonia can drink either Coca-Cola or Pepsi products. Salima’s demand for Coca-Cola will be relatively more ________, while Antonia’s demand will be relatively more ________.

Answer 1

Salima’s demand for Coca-Cola will be relatively more inelastic, while Antonia’s demand will be relatively more elastic.

Step-by-step explanation:

Salima's demans will be relatively inleastic as she does not have alternatives to Coca Cola whereas Antonio can switch between alternatives, which makes her demand more elastic than that of Salima.