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Questions tagged [elasticity of demand]

Best way to learning about blockchain & crypto knowledge for free here 6 questions

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Thu Jan 09 2025 | 6 answers 1241

What is the statement about elasticity of demand?

I am trying to understand the elasticity of demand concept. I want to know how it is defined and what factors affect it. Additionally, I'm curious about how elasticity of demand impacts pricing and sales strategies.

What is the statement about elasticity of demand?

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