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English-Nepali Dictionary

Elasticity of Demand

मागको लोच (Magg-ko Loch)

Definition (Noun)

The degree to which the demand for a good changes in response to its price.

"Salt has very low elasticity of demand."

"नुनको मागको लोच धेरै कम हुन्छ।"

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Frequently Asked Questions

The meaning of Elasticity of Demand in Nepali is मागको लोच. In Romanized Nepali, it is written as Magg-ko Loch.

As a Noun, the word "Elasticity of Demand" is defined as: The degree to which the demand for a good changes in response to its price..

"मागको लोच" is known as "Elasticity of Demand" in English.

An example of "Elasticity of Demand" in a sentence is: "Salt has very low elasticity of demand."