chicken day

an example of elastic demand. it represents a disproportionate change - a huge change in demand because of a small change in price. when the price of chicken drops to certain price, mrs. hernandez will know. later that day the hernandez family will have a large fridge stuffed with nothing but chickens. this is what has come to be known as the ever so famous “chicken day.” chickens beware.

student: what’s elastic demand?
hernandez: it’s chicken day