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What is meant by elastic demand?

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प्रश्न

What is meant by elastic demand?

अति संक्षिप्त उत्तर
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उत्तर

When the percentage change in demand is greater than the percentage change in price, demand is known as elastic demand.

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अध्याय 2: Elasticity of Demand - QUESTION BANK [पृष्ठ ४९]

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गोयल ब्रदर्स प्रकाशन Economic Applications [English] Class 10 ICSE
अध्याय 2 Elasticity of Demand
QUESTION BANK | Q 3. (i) | पृष्ठ ४९
गोयल ब्रदर्स प्रकाशन Economic Applications [English] Class 10 ICSE
अध्याय 2 Elasticity of Demand
QUESTIONS | Q 2. | पृष्ठ ४८
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