Question

what are the types of elasticity ?
​

Answer 1

4 Types of Elasticity :

Price Elasticity of Demand (PED).

Cross Elasticity of Demand (XED).

Income Elasticity of Demand (YED).

Price Elasticity of Supply (PES).

Answer 2

Answer:

4 Types of Elasticity

1.Price Elasticity of Demand (PED) Price

Elasticity of Demand or PED measures the responsiveness of quantity demanded to a change in price. ...

2.Cross Elasticity of Demand (XED) ...

3.Income Elasticity of Demand (YED) ...

4.Price Elasticity of Supply (PES)