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In economics what are the types of elasticity?

price elasticity income elasticity cross elasticity promotional elasticity


What are different types of elasticity?

The elasticity of demand refers to how sensitive the demand for a good is to changes in other economic variables. The different types are: price elasticity, income elasticity, cross elasticity and advertisement elasticity.


What items have elasticity?

Gum has elasticity.


What are the 3 types of elasticity?

1)price elasticity of demand 2)income elasticity of demand 3)cross elasticity of demand


What are some of the list of dealers selling promotional pens?

Some of the dealers selling promotional pens are, "ABC Promotional Gifts Ltd", "Promotional Printed Gifts","Trophies and Promotional Gifts", and "GOLD Gifts & Promotional Products".


Can you suggest a company name for an promotional company?

an promotional company.. no.. but A promotional company.. yes..


Is elasticity in cotton?

No, there is no elasticity in cotton at all


What is promotional items restaurant?

For a restaurant business, there are lots of promotional items to choose from like promotional mugs, personalized pen and promotional bags.


What are promotional opportunities?

promotional opportunities are opportunities


How do you calculate the quantity demanded when the elasticity is given?

To calculate the quantity demanded when the elasticity is given, you can use the formula: Quantity Demanded (Elasticity / (1 Elasticity)) (Price / Price Elasticity). This formula helps determine the change in quantity demanded based on the given elasticity and price.


Can you use the word promotional in a sentence?

This is a promotional brochure for a local store. They have a promotional coupon online.


What do economists call elasticity?

What do economists call elasticity?