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Are oreo cookies an elastic good?

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If Oreos were very expensive, people would stop buying them as frequently. Contrast that to a life-saving medication, which is inelastic, as you would continue to buy it no matter the cost. read more

Yes. If Oreos were very expensive, people would stop buying them as frequently. Contrast that to a life-saving medication, which is inelastic, as you would continue to buy it no matter the cost. read more

Oreo cookies are high in fat, sugar, and calories and excessive consumption of them can lead to many negative health effects, including weight gain and type 2 diabetes. read more

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