Business Economics |FACTORS AFFECTING ELASTICITY OF DEMAND|BCOM |BMS|BFM|BAF|BBI|MUMBAI UNIVERSITY

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Jayesh Rajgor
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In this video we discuss about Business Economics| FACTORS AFFECTING ELASTICITY OF DEMAND Part-2|BCOM |BMS|BFM|BAF|BBI|MUMBAI UNIVERSITY
FACTORS AFFECTING PRICE ELASTICITY OF DEMAND :
SHORTCODE : (HL CAP2TAIN)
1. Habits and Custom.
2. Level of price and extent if change.
3. Complementary goods.
4. Availability of Substitutes.
5. Proportion of income spent.
6. Postponement of consumption.
7. Time period.
8. Alternative uses.
9. Income levels of household.
10. Nature of commodity.

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#ScopeofBusinessEconomic
#elasticityofDemand



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