Economy, asked by nmathur39p9j8d0, 9 months ago

when the price of a product Rises up by 25% of quantity of right increased by 30% find out the elasticity of supply.

Answers

Answered by vanshikaverma7

0

Answer:

Inelastic demand occurs when changes in price cause a disproportionately small change in quantity demanded. For example, a good with inelastic demand might see its price increase by 30%, but demand drop by only 10% as a result.

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