what does elasticity measure in economics?how the amount of a good changes when the producer hires more…

what does elasticity measure in economics?how the amount of a good changes when the producer hires more employeeshow the amount of a good changes when the producer uses new materialshow the amount of a good changes when its price goes up or downhow the amount of a good changes when its distribution expands
Answer
Answer:
how the amount of a good changes when its price goes up or down