Economy, asked by awd91221, 5 months ago

If a small percentage increase in the price of a good
greatly reduces the quantity demanded for that good, the
demand for that good is​

Answers

Answered by kalpanasahoo942
0

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Answered by nimailchandrabiswas
0

Answer:

Price elastic

Explanation:

for a small change in price greatly effects demand then it is elastic because when something is in elastic there is a huge change, It is price elastic

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