Science, asked by shubhamkumar8677, 5 months ago

Write and explain different types of elasticity with proper example.​

Answers

Answered by sittus573
1

Answer:

Types of Elasticity

  • Price Elasticity of Demand (PED) Price Elasticity of Demand or PED measures the responsiveness of quantity demanded to a change in price. ...
  • Cross Elasticity of Demand (XED) ...
  • Income Elasticity of Demand (YED) ...
  • Price Elasticity of Supply (

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