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2023年3月22日—Elasticityofdemandreferstohowsensitiveacustomer'spurchasingbehavioristochangesinmultiplebuyingfactors.Themostcommonfactor ...,Demandcanbeclassifiedaselastic,inelasticorunitary.Anelasticdemandisoneinwhichthechangeinquantitydemandeddu...
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Thepriceelasticitygivesthepercentagechangeinquantitydemandedwhenthereisaonepercentincreaseinprice,holdingeverythingelseconstant.Ifthe ...
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