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Which determinants influence whether the price elasticity of demand is elastic or inelastic? Determinant That Influences Elasticity Drag appropriate answer(s) here changes in the prices
Which determinants influence whether the price elasticity of demand is elastic or inelastic? Determinant That Influences Elasticity Drag appropriate answer(s) here changes in the prices of a complementary good the per-unit cost firms must incur to supply a good to the marketthe share of the budget spent on the good the existence of substitutes time and the adjustment processnecessities versus luxury goods Not a Determinant That Influences Elasticity Drag appropriate answer(s) here
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