Full Form of FORGE
| Full Form: | Fitting On of Regional Growth and Elasticities |
|---|---|
| Category: | Regional |
| Sub Category: | Regional Terms |
What is FORGE Full Form?
FORGE full form Fitting On of Regional Growth and Elasticities.
What is Fitting On of Regional Growth and Elasticities?
In economics, elasticity measures the percentage change of one economic variable in response to a percentage change in another.[1] If a good's price elasticity of demand is -2, a 10% increase in price causes the quantity demanded to fall 20%.