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Elasticity of demand and supply

Sir, is there is any difference between perfectly elastic and high elastic ? or, both are same ? And also , less elastic and relatively elastic ? Or, both are same ?


Balaji R

Balaji R

CA Foundation

6K+

20-Oct-20 11:29

12

Answers (1)

<1 : Inelastic =1 : Unitary Elastic > 1 : ELastic Infinite - Perfectly Elastic 0 - Perfectly Inelastic.


Suraj Lakhotia

Suraj Lakhotia

Admin

20-Oct-20 17:32