The Differences of Elastic and Inelastic Demand "Ever wondered why gas prices spike but people still fill up their tanks — or why a small sale on clothes makes shoppers go wild? 🛒⛽ This video breaks down elastic and inelastic demand: what they mean, real-world examples, and how businesses use them to set prices. Whether you’re a student, entrepreneur, or just curious about how the economy works, this is for you! Hit play to learn the secret behind what makes us buy (or not buy) when prices chan