Answer to Question #133424 in Microeconomics for Sphamandla Cele

Question #133424
What does elasticity measure?
1
Expert's answer
2020-09-16T21:02:12-0400

Elasticity is a measure of how much buyers and sellers respond to changes in market conditions.


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Comments

Sphamandla Cele
17.09.20, 04:48

Thank you this is great! Much appreciated.

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