Importance of elasticity of demand in business decision making
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The concept of elasticity of demand plays a crucial role in the pricing decisions of the business firms and the Government when it regulates prices. The concept of price elasticity is alsoimportant in judging the effect of devaluation or depreciation of a currency on its export earnings.
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prove: 1_ tan Asquare by 1_cot Asquare=tansquareA ,angale A is acute
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