Nancy Dutta India 1k Questions 2k Answers 18 Best Answers 4k Points View Profile 0 Nancy Dutta Asked: May 7, 20202020-05-07T00:30:00+05:30 2020-05-07T00:30:00+05:30In: Education Explain types of price elasticity top demand. 0 Explain types of price elasticity top demand. basic questions Share Facebook 2 Answers Voted Oldest Recent Newton D India 361 Questions 225 Answers 1 Best Answer 1k Points View Profile Newton Dutta Added an answer on May 7, 2020 at 12:38 pm There are 5 types of elasticity of demand: Perfectly Elastic Demand (EP = ∞) … Perfectly Inelastic Demand (EP = 0) … Relatively Elastic Demand (EP> 1) … Relatively Inelastic Demand (Ep< 1 ) … Unitary Elastic Demand ( Ep = 1) 0 Reply Share Share Share on Facebook Share on Twitter Share on LinkedIn Share on WhatsApp manish1008 Bahadurgarh, India 1k Questions 1k Answers 0 Best Answers 4k Points View Profile manish1008 Added an answer on May 7, 2020 at 6:45 am 5 Types of Price Elasticity of Demand – Explained! ADVERTISEMENTS: … Elastic demand is the one when the response of demand is greater with a small proportionate change in the price. On the other hand, inelastic demand is the one when there is relatively a less change in the demand with a greater change in the price. 0 Reply Share Share Share on Facebook Share on Twitter Share on LinkedIn Share on WhatsApp Leave an answerLeave an answerCancel reply Featured image Select file Browse Save my name, email, and website in this browser for the next time I comment.