Economy, asked by raj60754, 7 months ago

what is meant by the price elasticity of demand ???

Answers

Answered by Avni2348

3

the price elasticity of demand is the degree of responsiveness of quantity demanded of the commodity to the change in its price

Answered by ExclusiveEntertainer

2

the price of electricity demand is the degree of responsiveness of quantity demanded of commodity to the change in its price

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