What is elasticity??
Explain briefly.
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The definition of electricity is the flow of charge. Usually our charges will be carried by free-flowing electrons. Negatively-charged electrons are loosely held to atoms of conductive materials. ... A closed circuit of conductive material provides a path for electrons to continuously flow.
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Explanation:
In economics, elasticity is the measurement of the percentage change of one economic variable in response to a change in another. An elastic variable is one which responds more than proportionally to changes in other variables.
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