Demand Headlines

1. Complementary- "Since the weather has stayed cold, coffee and creamer demand steams ahead."

2. Substitute- "Starbucks go out of business and the line for Dutch Bros. goes all the way to Seattle."

3. E L A S T I C- "LIFE cereal's prices have skyrocketed and the demand has died."

4. Inelastic- " Price of milk goes up, consumers buy, but moo all the way home."

 As much as people say you can substitute milk with soy, or almond milk; the milk from cows is completely irreplaceable. Milk is a utility and serves many different purposes. people use it to wash down cookies, a pb+j, to cover their cereal, to drink! Milk will always be inelastic, even if the price goes up to the double digits.