illustrates about the terms of elasticitybull


Illustrates about the terms of elasticity?

• Definition of elasticity

a. Price elasticity of demand

b. Income elasticity of demand and

c. Price elasticity of supply

• Factors which affect the size of elasticities

• How elasticity influences the incidence of a tax, and that bears its burden?

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Macroeconomics: illustrates about the terms of elasticitybull
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