What accurately describes in which consumers have elastic demand?

Consumers have elastic demand when their quantity demanded for a product significantly changes in response to price fluctuations. This typically occurs with non-essential goods or services, where substitutes are readily available, allowing consumers to easily switch if prices rise. For example, luxury items or specific brands often exhibit elastic demand, as consumers can forgo these purchases or choose alternatives if the price increases. Conversely, essential goods with fewer substitutes tend to have inelastic demand, as consumers will continue to purchase them regardless of price changes.