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  • 04-08-2017
  • Business
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Demand elasticity analyzes the _______________ and the change in total revenue resulting from a change in price.

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ahmedishaal ahmedishaal
  • 10-08-2017
Demand elasticity analyzes the degree of sensitivity and the change in total revenue resulting from a change in price.
Demand is a service (in economics), that people are willing to buy at a certain price and degree of sensitivity is combination of the affect which is caused by changes in input values or output.
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