Economy, asked by ishadhakad235, 7 months ago

what do u mean by elasticity of demand

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Answered by Anonymous

1

Answer:

Demand elasticity is an economic measure of the sensitivity of demand relative to a change in another variable. ... For example, when there is a relationship between the change in the quantity demanded and the price of a good or service, the elasticity is known as price elasticity of demand.

Answered by sanchita00143

1

Answer:

here is your answers........

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