Connect the red wire to the positive (+) terminal of one of the cells, and connect the black wire to the negative (-) terminal of the other cell. Later, as a last step, you will connect a wire between the negative (-) terminal of the first cell and the positive (+) terminal of the other cell.
Inelastic market conditions occur when the supply or demand of a good is relatively resistant to changes in price. Economists sometimes use the term qualitatively to describe goods in the marketplace, but may also apply mathematical formulas to quantify the degree to which market conditions are elastic or inelastic.
1 Perfectly inelasticity of demand is seen in the demand of necessary goods, while relative inelasticity is seen in case of very expensive goods. 2  The coefficient of elasticity of demand is less than 1, that is ed. 3  By this explanation we have completed the differences between Elastic and Inelastic demand. 4  Thank you.