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QUESTION
With the aid of well labelled diagrams, explain the FIVE (5) categories of price elasticity of demand.
With the aid of well labelled diagrams, explain the FIVE (5) categories of price elasticity of demand.
3.UnitaryElastic demand ( Ed < 1 )Less thanthe- ead.percentageElastic demands is onechange in quantity demandin price" less / there that of percentage changeIn this calldemand...