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16 July, 15:55

The demand for a necessity whose cost is a small portion of one's total income is

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  1. 16 July, 18:22
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    It is the Relatively Price Inelastic. It is a measure utilized as a part of financial aspects to demonstrate the responsiveness, or flexibility, of the amount, requested of a decent or administration to an adjustment in its cost, ceteris paribus. All the more accurately, it gives the rate change in amount requested because of a one percent change in cost
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