1.Complementary Demand: "The summer weather meets record highs" swimsuits and goggles sales double.
2.Substitute Demand: "Nutella has reports of salmonella" Sales go up for peanut butter companies.
3.Elastic Demand: "Arizona's prices goes up" Their sales are going down.
4.Inelastic Demand:"Electricity Bills are starting to go up"
In your house you need electricity for basically everything in your house. Some examples that you need electricity for is your heat,fridge,water,telephone,microwave,TV, and just anything else you have around your house that needs electricity for it.If someone did not have electricity in their house for more than a day, it would be likely that they would start to get pretty mad and frustrated because of all of the things they are no able to use at home.As americans it something we are used to and even though we do have to pay for it, it is something we take for granted. So no matter how much your bill went up, it would be likely that you would continue to pay the bill.
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