Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.
QUESTION
In general, elasticity is a measure of the extent to which advances in technology are adopted by producers. the extent to which a market is competitive. how fast the price of a good responds to a shif
In general, elasticity is a measure of the extent to which advances in technology are adopted by producers. the extent to which a market is competitive. how fast the price of a good responds to a shift of the supply curve or demand curve. how much buyers and sellers respond to changes in market conditions.
