InterviewSolution
Saved Bookmarks
InterviewSolution
| 1. |
what is meant by price elasticity fo demand ? Explain any two factors that affect it. |
| Answer» <html><body><p></p>Solution :Price <a href="https://interviewquestions.tuteehub.com/tag/elasticity-14238" style="font-weight:bold;" target="_blank" title="Click to know more about ELASTICITY">ELASTICITY</a> of <a href="https://interviewquestions.tuteehub.com/tag/demand-436956" style="font-weight:bold;" target="_blank" title="Click to know more about DEMAND">DEMAND</a> is a measure of degree of responsiveness of demand as a result of change in price of the commodity.<br/>1. <a href="https://interviewquestions.tuteehub.com/tag/nature-1112013" style="font-weight:bold;" target="_blank" title="Click to know more about NATURE">NATURE</a> of the commodity.<br/>2. Time period.</body></html> | |