Demand elastic Assignment Example | Topics and Well Written Essays - 1000 words

Demand elastic - Assignment ExamplePrice elasticity of demand can be fundamentally classified into five categories namely perfectly inelastic demand, relatively inelastic demand, unit elastic, relatively elastic demand and perfectly elastic demand. The pricing insurance of the product will invariably depend upon the elasticity of demand.The above differences in the price of the shampoos of the three companies is chiefly because of the difference in the quality of the products and the functions that are associated with the various(prenominal) shampoos. This section talks about the various features that are associated with the productsKiehls Shampoo The Kiehls shampoos are comprised of amino acid and coconut oil. The shampoo is expected to produce a delightful, creamy lather that will gently and thoroughly clean the hair. The shampoo has the undeniable presence of moisturizers that provide with the required softness and shine. The presence of straw proteins and wheat starch helps th e hairs to grow to its fullest extent without any side effect.Aveda Shampoo Aveda shampoos are particularly useful to have cool and deep tones in earthy and tinted dark shades within the hair and the shampoo helps to fight and prevent the red or the brassy tones. The specialty of the shampoo is that it comprises of the organically grown aloe, macabre tea along with the emollient-rich black malva. The company crafts the black malva by hand in its natural habitat. The shampoo is recommended especially for the dark shades and too it is too good for gently cleaning the hair.Origins Shampoo Origins shampoo comprises of a very nice and decent smell that always provide with an extra horizontal surface of freshness. The shampoo is found to be extra light and smooth and comes with an impressive conditioning rinse. The users have ratified that the feel after using the shampoo has been immense and it is definitely a high bred product.Relatively inelastic