Economy, asked by vamsi1957, 11 months ago

Price elasticity of demand of a good

Answers

Answered by ItzModel
0

Explanation:

Price elasticity of demand (PED or Ed) is a measure used in economics to show the responsiveness, or elasticity, of the quantity demanded of a good or service to increase in its price when nothing but the price changes.

Answered by aryan58176
1

HEY MATE HERE IS YOUR ANSWER

Price elasticity of demand (PED or Ed) is a measure used in economics to show the responsiveness, or elasticity, of the quantity demanded of a good or service to increase in its price when nothing but the price changes.

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