Assertion: price elasticity | /r/CapableOf | demand of a good
Facets:
value: to a change in its price
type: TRANSITIVE-OBJECT
Source sentences:
text: The price elasticity of demand is the percentage change in the quantity demanded of a good or service divided by the percentage change in the price.
text: The price elasticity of demand (PED) is a measure of the responsiveness of the quantity demanded of a good to a change in its price.
text: The own price elasticity of demand is the percentage change in the quantity demanded of a good or service divided by the percentage change in the price.
text: The price elasticity of demand is the percentage change in the quantity demanded of a good or service divided by the percentage change in price.
text: The price elasticity of demand is calculated by dividing the percent change in the quantity demanded of a good or service by its percent change in its price level.