Factors that affect the numerical value of the price elasticity of dem – InterviewSolution

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1.	Factors that affect the numerical value of the price elasticity of demand are
Answer» tion:Various FACTORS which AFFECT the elasticity of DEMAND of a commodity are:Nature of commodity:Availability of substitutes:INCOME Level:Level of price:Postponement of Consumption:Number of Uses:Share in Total Expenditure:Time Period:More items...

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