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Shanu posted an Question
September 02, 2020 • 22:52 pm 75 points
  • UGC NET
  • Economics

What is elasticity of demand

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  • Anonymous User

    Price elasticity of demand, or elasticity, is the degree to which the effective desire for something changes as its price changes. In general, people desire things less as those things become more expensive. 

  • Anonymous User Best Answer

    Price elasticity of demand, or elasticity, is the degree to which the effective desire for something changes as its price changes. In general, people desire things less as those things become more expensive.

  • Anonymous User

    Price elasticity of demand, or elasticity, is the degree to which the effective desire for something changes as its price changes. In general, people desire things less as those things become more expensive

  • Anonymous User

    Price elasticity of demand, or elasticity, is the degree to which the effective desire for something changes as its price changes. In general, people desire things less as those things become more expensive

  • Anonymous User best-answer

    Price elasticity of demand, or elasticity, is the degree to which the effective desire for something changes as its price changes. In general, people desire things less as those things become more expensive

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