Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What Is Elasticity In Economics Mean?

Economics elasticity mean
0
Profile photo of LindseyMyer LindseyMyer
Posted

What Is Elasticity In Economics Mean?

0 CommentsAdd a Comment

1 Answer

0
Profile photo of LindseyMyer LindseyMyer

I think it might mean they try to stretch the things the have to budge a longer way to save money so they won’t have to come up next to something new right away The price of good and services strongly respond to the change within price called as…

0 CommentsAdd a Comment

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123