Economy, asked by Anonymous, 20 days ago

What do you mean price elasticity of demand???​

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Answered by Anonymous
2

Answer:

Poverty is a state or condition in which a person or community lacks the financial resources and essentials for a minimum standard of living. Poverty means that the income level from employment is so low that basic human needs can't be met.

Answered by ayushdas285
6

Answer:

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Price elasticity of demand is a measurement of the change in consumption of a product in relation to a change in its price. Expressed mathematically, it is: Price Elasticity of Demand = % Change in Quantity Demanded / % Change in Price

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