A student wants to study how the amount of time spent on social media (facebook, instagram, etc) affects the CGPA of a student. Discuss in detail how the concept of elasticity can be applied here....

A student wants to study how the amount of time spent on social media (facebook, instagram, etc) affects the CGPA of a student.

Discuss in detail how the concept of elasticity can be applied here. What information can be obtained by applying the concept of elasticity in this case?