Social Sciences, asked by sahusibu80, 5 months ago

what is Elasticity of demond ?

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Answered by Anonymous

4

ᴘʀɪᴄᴇ ᴇʟᴀsᴛɪᴄɪᴛʏ ᴏғ ᴅᴇᴍᴀɴᴅ, ɪs ᴛʜᴇ ᴅᴇɢʀᴇᴇ ᴛᴏ ᴡʜɪᴄʜ ᴛʜᴇ ᴇғғᴇᴄᴛɪᴠᴇ ᴅᴇsɪʀᴇ ғᴏʀ sᴏᴍᴇᴛʜɪɴɢ ᴄʜᴀɴɢᴇs ᴀs ɪᴛs ᴘʀɪᴄᴇ ᴄʜᴀɴɢᴇs. ɪɴ ɢᴇɴᴇʀᴀʟ, ᴘᴇᴏᴘʟᴇ ᴅᴇsɪʀᴇ ᴛʜɪɴɢs ʟᴇss ᴀs ᴛʜᴏsᴇ ᴛʜɪɴɢs ʙᴇᴄᴏᴍᴇ ᴍᴏʀᴇ ᴇxᴘᴇɴsɪᴠᴇ.

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