how can elasticity could be apply in every day life

Sagot :

Answer:

Elasticity is the ability of a material by virtue of which it is able to regain its original shape after being stretched or compressed.

Answer:

Price of its fares

Explanation:

If one airline decides to increase the price of its fares, consumers can use another airline, and the airline that increased its fares will see a decrease in the demand for its services.