List and explain the four determinants of the price elasticity of demand. give an example of a product in each category, and explain why it is either elastic or inelastic.

Substitutes for the product:

The proportion of expenditures on the specified right relative to income:

Product is a luxury or a necessity:

Longer the period involved in making the purchase, the more elastic

Explanation:

The essential determinants of a product's elasticity are the accessibility of close substitutes, the measure of time a customer needs to look for alternatives, and the level of a customer's spending required buying the great.

The interest for an item is progressively flexible if there related products, if a customer has the opportunity to scan for substitutes, or if the item requires an enormous level of a purchaser's spending limit.

explanation:

these are the geographical features of the gupta empire.

1)it inherited the land owned by the mauryan empire.

2)one obvious difference between the two empires is that the gupta empire was smaller that the mauryan.

3)the gupta empire is located in the northern region of the subcontinent underneath the himalayan and hindu kush mountains.

the gupta empire, marked by extensive inventions and discoveries that contributed to hindu culture, in subjects such as science, technology, engineering, art, dialectic, literature, logic, mathematics, astronomy, religion, and philosophy.

this period was also known as the golden age of india

is there options? or is it random words?

explanation: