Cryptocurrency Q&A What are the factors influencing elasticity of demand?

What are the factors influencing elasticity of demand?

Thu Jan 09 2025 | 7 answers 1230
I'm trying to understand the concept of demand elasticity and what factors can affect it. I want to know what are the main elements that influence the elasticity of demand in a market or for a specific product. What are the factors influencing elasticity of demand?

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