Physics, asked by arifsheikh6991, 20 days ago

Explain Types of Elasticity in detail.​

Answers

Answered by kpawan20168
0

Explanation:

Cross elasticity of demand (XED), which measures responsiveness of the quantity demanded of one good, good X, to a change in the price of another good, good Y. ... Income elasticity of demand (YED), which measures the responsiveness of quantity demanded to a change in consumer incomes.

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