English, asked by Anonymous, 3 months ago

what is elastic demand....????

Answers

Answered by kajalsalve1000

11

Answer:

A good's price elasticity of demand is a measure of how sensitive the quantity demanded of it is to its price. When the price rises, quantity demanded falls for almost any good, but it falls more for some than for others.

Explanation:

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Answered by gowrarajinchara

0

Explanation:

it is a measure of how sensitive the quantity demanded of its price

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