When studying how a policy affects a market, elasticity provides information on the
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The value Elasticity of interest estimates the affectability of the amount requested to changes in the cost.
Elasticity is more prominent when the market is characterized all the more barely: nourishment versus frozen yogurt Request is inelastic on the off chance that it doesn't react a lot to value changes, and versatile if request changes a great deal when the value changes.
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