Economy, asked by Anonymous, 1 year ago

define price elasticity of demand?

Answers

Answered by Suryavardhan1

Price elasticity of demand is the measure of the degree of responsiveness of the demand for a good to the changes in its price. It is defined as the percentage change in the demand for a good divided by the percentage change in its price.

Suryavardhan1: If it helps you so please mark it as brainliest

Previous Question

Next Question

Similar questions

Geography, 8 months ago

anwser it pls, anwser fast it's very urgent ...

English, 8 months ago

write a letter to a bank manager requesting him to issue a new passbook since you have lost your old passbook...

Social Sciences, 8 months ago

the natural environment consists of the physical or _environment and the biological or _environment ...

Psychology, 1 year ago

define soul ????? it exists....??

History, 1 year ago

what was the theme of the book 'Two treaties of government...

Science, 1 year ago

Electrostatic force definition for class 8...

Physics, 1 year ago

let 2uc and 4uc are separated by a distance 4m in air then a dielectric slab of thickness 1m and dielectric constant 4 is introduced between them then find force of repulsion between them.

Math, 1 year ago

State with the reason which of these cannot be perfect square (i) 5602 (ii) 5617 (iii)12769...