Answer to Question #77366 in Economics for Pumla
Explain with aid diagrams, the FIVE (5) categories of price elasticity of demand
1
2018-05-18T08:33:08-0400
There are five categories of elasticity of demand:
1. Perfectly elastic demand
2. Perfectly inelastic demand
3. Relatively elastic demand
4. Relatively inelastic demand
5. Unitary elastic demand
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