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What is elastic, inelastic

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What is elastic, inelastic
  • 1 answers

Sahil Bhatia 6 years, 1 month ago

Elastic means jab price of the commodity fix hai aur demand mein change ata rehta hai example tea and coffee ohnka price fix hai but consumers ko pasand hai vo lege Inelastic means jab price change ho jata hai aur demand fix rehti hai example jese sharabi chahe bottle 100 ki hai ja 200 ki vo to pie ga
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