UNDERSTANDING ELASTICITY

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UNDERSTANDING ELASTICITY.

UNDERSTANDING ELASTICITY.

Why do we need to understand elasticity? Give an example on how you can use the concept of price elasticity of demand. What is the formula for calculating elasticity?

UNDERSTANDING ELASTICITY.

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UNDERSTANDING ELASTICITY.

UNDERSTANDING ELASTICITY.

Why do we need to understand elasticity? Give an example on how you can use the concept of price elasticity of demand. What is the formula for calculating elasticity?

UNDERSTANDING ELASTICITY.