Social Sciences, asked by priyankaguptafo, 1 year ago

important concept of elasticity of demand

Answers

Answered by keerthika1998lekha

elasticity refers to the degree of response that a dependent variable exhibits when there is a change in the independent variable.
1.Price determination
2.Pricing public utilities
3.Taxation

Previous Question

Next Question

Similar questions

Math, 8 months ago

How to verify answer in division?

English, 8 months ago

Write an activity on presence of starch in leaves by aim,procedure, observation,and apparatus...

History, 8 months ago

An economically weak nation is not able to maintain its independence justify...

English, 1 year ago

the human relationship shown in kabuliwala...

Biology, 1 year ago

Q] Choose one option for each 1) The terms 'Cell' was first introduced by a) Robert Brown b) Robert Hooks c) Robert Taylor d) Schultz 2) A Centrosome is rich in a) RNA b) Enzyme c) DNA d) ATP 3) Simplest types of sugars which cannot be hydrolysed into simpler components are a) Cellulose b) hemicellulose c) disaccharides d) monosaccharides 4)...

History, 1 year ago

which political party was most famous in france during french revolution...

Social Sciences, 1 year ago

can u tell me products we get from trees...

Environmental Sciences, 1 year ago

Can you tell me a short essay on environment our sustainer...