Price Elasticity of Demand

From LinkedAUB Collab
Revision as of 12:20, 24 March 2014 by Hw06 (talk | contribs) (Created page with "{{Learning concept |Description=The percentage change in the quantity demanded of a commodity divided by the percentage change in its price, while holding constant all the oth...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigation Jump to search

Description

The percentage change in the quantity demanded of a commodity divided by the percentage change in its price, while holding constant all the other variables in the demand function.

Concept Prerequisite

Wikipedia Reference

Learning Material

Covered in Topic(s)

 
Demand Theory