Price elasticity of demand and Price elasticity of supply: Difference between pages

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imported>Doug Williamson
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''Economics''.   
''Economics - elasticity''.   


(PED).
The percentage change in quantity supplied divided by the percentage change in price.
 
The percentage change in quantity demanded divided by the percentage change in price.




== See also ==
== See also ==
* [[Demand]]
* [[Demand]]
* [[Demand curve]]
* [[Elasticity]]
* [[Elasticity]]
* [[Price elasticity of supply]]
* [[Income elasticity of demand]]
* [[Income elasticity of demand]]
* [[Normal good]]
* [[Inferior good]]
* [[Luxury good]]
* [[Luxury good]]
* [[Necessity]]
* [[Necessity]]
* [[Inferior good]]
* [[Normal good]]
* [[Price elasticity of demand]]
* [[Supply]]
* [[Supply curve]]

Revision as of 09:15, 8 April 2021

Economics - elasticity.

The percentage change in quantity supplied divided by the percentage change in price.


See also