How is price elasticity of demand for perishable goods different from other goods?

How is price elasticity of demand for perishable goods different from other goods?

The price elasticity of demand for perishable goods is typically higher compared to other goods. This is because perishable goods have a limited shelf life and are more time-sensitive. Consumers are more likely to be responsive to changes in price for perishable goods as they can easily switch to alternative products or choose not to purchase them at all. In contrast, non-perishable goods often have more substitutes available and consumers may be less sensitive to price changes.