Search results with tag "Pri ce elasticity"

ECONOMIC BUSINESS ENVIRONMENT - ICSI

There are major three types of elasticity of demand, i.e. Price elasticity; Income elasticity and Cross elasticity. However, this lesson focuses only on pri ce elasticity of demand. Price Elasticity of Demand The price elasticity of demand is the response of the quantity demanded to change in the price of a commodity.

  Cross, Recip, Elasticity, Price elasticity, Cross elasticity, Pri ce elasticity