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It is neither chemical nor is it a change.
Elasticity is a physical property.
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∙ 13y ago
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Is elasticity a physical property or a chemical property?
Elasticity is a physical change i believe.
Is elasticity physical or chemical change?
physical
Is elasticity in chemical or physical change?
physical
Is stretching a rubber a physical change or chemical change?
physical change that is elasticity
Is a elasticity a physical change or a chemical change?
No, it isn't. That is, it's a property, it's neither a physical nor chemical change.
Is elasticity property or chemical property?
Elasticity is a physical property.
Distinguish between price elasticity and income elasticity?
The price elasticity refers to the change in demand due to the change in price. The income elasticity of demand on the other hand refers to the change in demand due to the change in income.
What is the difference between income elasticity demand and price elasticity demand?
price elasticity is the degree to which demand for a good will change relative to a change in the price of that good. Income elasticity is the degree to which demand for a good will change relative to a change in the spending power of the consumer. it is the percentage change in quantity demanded/percentage change in price.
Can you find price elasticity if there is no change in price?
There must be a change in the price to calculate the price elasticity. Elasticity depends on the changes in the demand of a good or service based on the change in the price of a good or service.
When is price elasticity inelastic?
price elasticity=%change in quantity divided by %change in price it's inelastic when the absolute value of price elasticity is between 0 and 1
What is meant by concept of elasticity of demand?
The degree of responsiveness of change in demand as a result of change in its price is known as elasticity of demand. I mathematical language we can say that; Elasticity of demand = %age change in Quantity Demanded DIVIDED BY %age change in the Price.
What is the difference that exists between arc elasticity of demand and point elasticity of demand?
Arch elasticity demand is the percentage change in one variable divided by the percentage change in another variable, it calculates the elasticity over a range of values, while point elasticity of demand uses differential calculus to determine the elasticity at a specific point
