Economy, asked by utkarsh1383, 7 months ago

What is elasticity of demand?​

Answers

Answered by shaniyathakur177
1

Answer:

Price elasticity of demand, is the degree to which the effective desire for something changes as its price changes. In general, people desire things less as those things become more expensive.

Answered by bhardwajharsh205
1

Answer:

Price elasticity of demand, is the degree to which the effective desire for something changes as its price changes. In general, people desire things less as those things become more expensive.

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