Question

What is elasticity?​

Answer 1

Answer:

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Explanation:

Elasticity is a measure of a variable's sensitivity to a change in another variable. In business and economics, elasticity refers the degree to which individuals, consumers or producers change their demand or the amount supplied in response to price or income changes.

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Answer 2

Answer:

The quality that something has of being able to stretch and return to its original size and shape.