price elasticity of demand

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  • Created by: o_cook
  • Created on: 20-10-19 16:04
price elastic demand
a change in price results in a greater change in demand
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price elasticity of demand
the responsiveness of demand to a change in price
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price inelastic demand
a change in price results in a proportionately smaller change in demand
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4
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5 of 5

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Card 2

Front

the responsiveness of demand to a change in price

Back

price elasticity of demand

Card 3

Front

a change in price results in a proportionately smaller change in demand

Back

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Card 4

Front

4

Back

Preview of the back of card 4

Card 5

Front

5

Back

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