Economy, asked by chandnichandni019, 8 months ago

price elasticity of demand has degree

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Answered by Anonymous

Answer:

We have stated demand for a product is sensitive or responsive to price change. The variation in demand is, however, not uniform with a change in price. In case of some products, a small change in price leads to a relatively larger change in quantity demanded.

Explanation:

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Answered by parmjitgaddu801

Answer:

Price elasticity of demand has 5 degree.

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