Lesson 54 Degrees of Price Elasticity of Demand Economics Grade 11 by Carden Madzokere #economics
Channel: Carden Madzokere
Date: 2021-05-17

Price elasticity of demand can be distinguished into five categories namely:
 - Perfectly inelastic demand
 - Relatively Inelastic demand
 - Unitary elasticity of demand
 - Relatively Elastic demand
 - Perfectly elastic demand