Economy, asked by shadowking0759, 7 months ago

When is demand for a commodity said to be more than unit elastic?​

Answers

Answered by gouravkuamrverma2
4

Answer:

It is calculated by dividing the percentage change in quantity demanded by the percentage change in price. If the elasticity quotient is greater than or equal to one, the demand is considered to be elastic.

thanks to my answer

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