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Economics
Plz explain the concept of. Elasticity
Parth Parth
CA Foundation
★ 1K+
31-Mar-21 09:58
314
Answers (2)
Y didn't u saw that concept during Damaka 2?
Meda Jeevansai
CA Inter
★ 20K+
31-Mar-21 12:55
The degree of responsiveness of demand/supply caused due to change in price. You can say that till what extent will one factor vary due to change in some other factor. And after measuring the change we get the elasticity accordingly
Harshita Halagali
★ 2K+
06-Apr-21 00:09