" Elasticity of demand is the rate at which the quantity demanded changes with a change in price."
DEMAND         TAXINELASTIC   INCREASESELASTIC     DECREASES
DEMAND       PRICEINELASTIC   INCREASEELASTIC     DECREASE
Labour leader   DEMAND       WAGES OF LABOUR   INELASTIC    WAGES INCREASES   ELASTIC      WAGES DECREASES
• main aim- Earn foreign  exchange     DEMAND      COMMODITY    INELASTIC     EXPORT     ELASTIC       IMPORT
Law of demant
Law of demant
Law of demant
Law of demant
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Law of demant

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Law of demant

  1. 1. " Elasticity of demand is the rate at which the quantity demanded changes with a change in price."
  2. 2. DEMAND TAXINELASTIC INCREASESELASTIC DECREASES
  3. 3. DEMAND PRICEINELASTIC INCREASEELASTIC DECREASE
  4. 4. Labour leader DEMAND WAGES OF LABOUR INELASTIC WAGES INCREASES ELASTIC WAGES DECREASES
  5. 5. • main aim- Earn foreign exchange DEMAND COMMODITY INELASTIC EXPORT ELASTIC IMPORT
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