Elastic: Difference between revisions
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Where the percentage change in quantity (either demanded or supplied) is greater than the percentage change in price. | Where the percentage change in quantity (either demanded or supplied) is greater than the percentage change in price. | ||
== See also == | == See also == | ||
* [[Elasticity]] | * [[Elasticity]] | ||
* [[Inelastic]] | * [[Inelastic]] | ||
[[Category:The_business_context]] | |||
Latest revision as of 13:42, 30 June 2022
Economics.
Where the percentage change in quantity (either demanded or supplied) is greater than the percentage change in price.
