Economy, asked by hrashid65080, 6 months ago

Q.18 Which of the following will have elastic demand?​

Answers

Answered by sayantikachakrabarti
0

Answer:

a commodity with substitutes

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Answered by aishi2020
0

A commodity with more substitutes has more elastic demand, since the prices of substitutes will affect the elasticity of demand and the substitution effect will be strong.

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