Price elasticity of demand: Difference between revisions
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imported>Doug Williamson (Add abbreviation.) |
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''Economics''. | ''Economics - elasticity''. | ||
(PED). | (PED). | ||
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== See also == | == See also == | ||
* [[Demand]] | * [[Demand]] | ||
* [[Demand curve]] | |||
* [[Elasticity]] | * [[Elasticity]] | ||
* [[Income elasticity of demand]] | |||
* [[Inferior good]] | |||
* [[Luxury good]] | |||
* [[Necessity]] | |||
* [[Normal good]] | |||
* [[Price elasticity of supply]] | * [[Price elasticity of supply]] | ||
* [[Supply]] | |||
[[Category:The_business_context]] | |||
Latest revision as of 09:15, 8 April 2021
Economics - elasticity.
(PED).
The percentage change in quantity demanded divided by the percentage change in price.
