Main determinants of elasticity of demand:
1. Availability of substitute
2. Nature of the commodity i.e. luxury, necessity or habit-farming/addictive etc
3. Proportion of income spent on a commodity
4. Durability
5. Possibility of postponed use
6. Number of uses
7. Time – SR and LR
8. Price (initial price level)
Wilfykil answered the question on February 4, 2019 at 13:21
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