The demand schedules for such products as eggs, bread, and electricity tend to be rev: 05_14_2018

relatively elastic.

relatively inelastic.

perfectly elastic.

unit-elastic.

The correct answer is relatively inelastic.

Explanation:

Price elasticity of demand is a measure to show the degree of change in quantity demanded of a commodity due to change in its price level. Relatively inelastic demand means a greater change in price will cause a smaller change in quantity demanded of the commodity

Goods such as eggs, bread and electricity are basic necessities to sustain life. They are needed to have a normal living. So, even when its price changes the quantity demanded will not be much affected.