In November 2024
Answer to Question #252393 in Economics of Enterprise for Yon
types and examples of elasticity of demand
There are different types of elasticity of demand including perfectly Elastic Demand, which has a sharp fall or rise based on a change in a commodity's price. The other type of elasticity of demand are relatively elastic and inelastic demand, and unitary elastic demand.
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#339914 on Dec 2023
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