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Extensively discuss the concept of the elasticity of demand under the following headings a. Infinitely elastic demand b. Fairly elastic demand c. Fairly inelastic demand

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Extensively discuss the concept of the elasticity of demand under the following headings a. Infinitely elastic demand b. Fairly elastic demand c. Fairly inelastic demand d. Zero elastic demand e. Unit elastic demand Hint: You should explain verbally and with graphs

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