what is elasticity . Give example also. please please
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hyy... elasticity is the ability of an object or material to resume its normal shape after being stretched ..... eg: rubber ball
sprabhuranjan:
For example, if the price of Cola A doubles, the quantity demanded for Cola A will fall when consumers switch to less-expensive Cola B.
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Elasticity means the ability of an object or material to resume its normal shape after being stretched or compressed; stretching
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