Answer :
the answer to this question is Elastic
Elastic goods refers to the type of goods which order could be easily influenced by the price volatility.
When the price of elastic good is raised, the customers will reduce their demand upon that product which lead to total revenue falls.
Elastic goods refers to the type of goods which order could be easily influenced by the price volatility.
When the price of elastic good is raised, the customers will reduce their demand upon that product which lead to total revenue falls.