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."