Economy, asked by kiranrabidas895, 3 months ago

what is price elasticity of demand ?​

Answers

Answered by Rizakhan678540
5

Answer:

The price elasticity of demand is the percentage change in the quantity demanded of a good or service divided by the percentage change in the price.

Answered by anjaligautam82874
1

Answer:

Price elasticity of demand, is the degree to which the effective desire for something changes as its price changes. In general, people desire things less as those things become more expensive.

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