On a linear horizontal demand curve: / रेखीव आडव्या मागणी वळणावर: A) Elasticity is zero / लवचिकता शून्य आहे B) Elasticity is infinity / लवचिकता म्हणजेअनांत C) Elasticity is low towards origin / उत्पत्तीच्या ददशेनेलवचिकता कमी असते D) Supply / पुरवठा
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A good's price elasticity of demand ({\displaystyle E_{d}}E_{d}, PED) is a measure of how sensitive the quantity demanded is to its price. When the price rises, quantity demanded falls for almost any good, but it falls more for some than for others. The price elasticity gives the percentage change in quantity demanded when there is a one percent increase in price, holding everything else constant. If the elasticity is −2, that means a one percent price rise leads to a two percent decline in quantity demanded. Other elasticities measure how the quantity demanded changes with other variables (e.g. the income elasticity of demand for consumer income changes).[1]
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