File Details
Elasticity of Demand | |
File name | Elasticity of Demand |
File Description | Price elasticity of demand (PED or Ed) is a measure used in economics to show the responsiveness, or elasticity, of the quantity demanded of a good or service to a change in its price. More precisely, it gives the percentage change in quantity demanded in response to a one percent change in price (ceteris paribus, i.e. holding constant all the other determinants of demand, such as income). |
Category Name | Management Studies |
Subject Name | BUSINESS ECONOMICS |
Module Name | Demand and Supply Analysis |
Micro Category Name | Elasticity of Supply |
Level | Masters |
File Type | |
File | Login to Download |
File | Login to Download |