Economy, asked by anyachhyon, 3 months ago

define price elasticity of demand

Answers

Answered by Anonymous
5

Price elasticity of demand, is the degree to which the effective desire for something changes as its price changes. In general, people desire things less as those things become more expensive

Answered by ItzKillerMadhav
8

Explanation:

Price elasticity of demand, is the degree to which the effective desire for something changes as its price changes. In general, people desire things less as those things become more expensive

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