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-   -   Elasticity of Supply the degree to which changes in price effect changes in demand. (https://www.askmehelpdesk.com/showthread.php?t=773310)

  • Oct 30, 2013, 10:13 AM
    celinaalexiss
    Elasticity of Supply the degree to which changes in price effect changes in demand.
    Elasticity of Supply the degree to which changes in price effect changes in demand. Demand is elastic when a small change in price effects a large change in demand. Such products, that show great variability in demand are known to have elastic demand.
  • Oct 30, 2013, 11:54 AM
    ma0641
    Yes, that's true. But we still don't do homework.

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