Which product is most likely to be the most price elastic?
milk
housing
clothing
automobiles

automobiles

Explanation:

Price elastic describes the relationship between changes in demand as a result of changes in the price.  Price elasticity describes how a product's demand responds to a change in its price. Goods or services are price elastic if a small change in price causes considerable differences in their demand.

In this case, automobiles will be more elastic. Changes in their prices will result in significant changes in demand. An increase in the price of automobiles will result in consumers considering other means of transportation. When price decrease, many commuters will opt to but cars.  Milk, housing, and clothing are basic needs. People need them for survival. An increase or a decrease in their prices will not change their demand in a big way. They are price inelastic.

if it is for a job, then you should learn everything you can about the job, like what does it involve, what qualification is required and how you are the right person for that job. dress appropriately for the interview. get plenty of rest the night before. good luck!

two years ago, when picking flowers in the mountains back of yosemite valley, i found a book. it was blotted and storm-beaten; all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however; many of the inner pages were well preserved. and although all were more or less stained and torn, whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today; its granite pages have been torn and blurred by the same storms that wasted the castaway book.

two years ago, when picking flowers in the mountains back of yosemite valley; i found a book. it was blotted and storm-beaten, all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however, many of the inner pages were well preserved. and although all were more or less stained and torn; whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today, its granite pages have been torn and blurred by the same storms that wasted the castaway book.