Question

Solution of elasticity of demand chapter of book sandeep garg

Answer 1

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Answer 2

Elasticity of demand is an act of the rate of the quantity demanded in the market of a certain product is not constant, the act of this price shifting from time to time is known as price elasticity pf demand. The solution to this is first by ensuring that there is a constant rate of supply of goods in the market, this will enable the market to establish the potential quantity demanded of that product in the market.

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