Two sentences only. i'll give brainliest. 1. How important is elasticity in the analysis of the market?
2. What are tge relying factors of demand elasticity?

(1)Elasticity is an important economic measure, particularly for the sellers of goods or services, because it indicates how much of a good or service buyers consume when the price changes. ... If the market price goes up, firms are likely to increase the number of goods they are willing to sell.

(2) Many factors determine the demand elasticity for a product, including price levels, the type of product or service, income levels, and the availability of any potential substitutes. High-priced products often are highly elastic because, if prices fall, consumers are likely to buy at a lower price

answer; (cash) is the best out of the above; good luck

i think the answer is a. dependable person

i hope this is right!