Explain the price elasticity and income elasticity of demand

- Explain the difference between price elasticity of demand and income elasticity of demand
- Explain the difference between cross price elasticity of demand and income elasticity of demand
- Explain the following concepts briefly price elasticity of demand & income elasticity of demand
- Elasticity of price
- Elasticity of demand and supply
- Economics elasticity of demand
- Price elasticity of demand
- Price elasticity and income elasticity of demand