English, asked by hfuvhhvvvhjb, 20 days ago

Define Elastic demand ???

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Answered by shreyaspawar4212

Answer:

A good's price elasticity of demand is a measure of how sensitive the quantity demanded of it is to its price. When the price rises, quantity demanded falls for almost any good, but it falls more for some than for others.

Answered by salukumari8709392515

Answer:

A good's price elasticity of demand is a measure of how sensitive the quantity demanded of it is to its price. When the price rises, quantity demanded falls for almost any good, but it falls more for some than for others.

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Define Elastic demand ???​

Answers

A good's price elasticity of demand is a measure of how sensitive the quantity demanded of it is to its price. When the price rises, quantity demanded falls for almost any good, but it falls more for some than for others.

Define Elastic demand ???