Question

what is elastic of demand ?​

Answer 1

Answer:

Price elasticity of demand is a measure used in economics to show the responsiveness, or elasticity, of the quantity demanded of a good.

Explanation:

Answer 2

hiiii mate here is the answer

Elastic demand means that demand for a product is sensitive to price changes. For example, if the selling price of a product is increased, there will be fewer units sold. If the selling price of a product decreases, there will be an increase in the number of units sold.

hope it may help you