Though you will feel its very simple or not so frequently asked question in your exam, but factors affecting elasticity is necessary to understand if you really want to study. This topic will explain you how to interlink things and how to find whether a particular commodity has high elasticity or low. Once you get this concept of flexibility & rigidity, you'll be able to solve questions where no. of commodities are listed and you have to find the elasticity. You'll be able to explain points easily in your own words once you get through this entire concept thoroughly. Good Luck. Thank for watching.
SUBSCRIBE LIKE SHARE
Keep Learning!
0 Comments