Economy, asked by babitarana09032, 3 months ago

define price electricity of demand.state any one method of measuring it.​


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Answers

Answered by thakuruttamsing10
5

♦Price electricity of demand ♦

→A good's price elasticity of demand is a measure of how sensitive the quantity demanded of it is to its price. When the price rises, quantity demanded falls for almost any good, but it falls more for some than for others.

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♥Method♥

  1. By percentage Method

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