Economy, asked by guthara2020, 3 months ago

what is price elasticity of demand ​

Answers

Answered by parijaini
0

Answer:

A good'sprice 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.

Explanation:

Hope this helps u☺️☺️✌️✌️..

Answered by manishayadv583
0

Answer:

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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