What are the 4 types of elasticity of demand?
I'm trying to understand the different types of elasticity of demand. I know there are four main types, but I can't quite remember what they are. Could someone please enumerate and briefly explain each type for me?
What is the promotional elasticity of demand?
I'm trying to understand the concept of promotional elasticity of demand. Specifically, I want to know how demand for a product or service changes in response to promotional activities.
What are the sources of demand of foreign exchange?
I'm interested in understanding the various sources of demand for foreign exchange. I want to know where and how the need for foreign currencies arises, and what factors drive this demand.
What are the factors influencing elasticity of demand?
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.
How does demand affect the price of bitcoin?
I want to understand how the demand for Bitcoin influences its price. Does a higher demand lead to an increase in price, and if so, what are the underlying reasons for this phenomenon?