Pregunta:
Price elasticity of demand
Autor: Tom ElvidgeRespuesta:
Measures the responsiveness of demand to a change in price. If demand is inelastic: demand responds less than proportionately to a change in price e.g. bread. If demand is elastic: demand responds more than proportionately to a change in price e.g. new cars
0 / 5 (0 calificaciones)
1 answer(s) in total
Autor
Tom Elvidge