Question

elasticity of demand is a
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Answer 1

Explanation:

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

Answer 2

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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FoRmUla

$e(p) = \frac{dq\q}{dp\p}$

e(p)= price elasticity

Q= quantity of the demanded good

P =price of the demanded good