Assertion: elasticity | /r/Synonym | price elasticity of demand
Facets:
Source sentences:
text: For example, when there is a relationship between the change in the quantity demanded and the price of a good or service, the elasticity is known as price elasticity of demand.
text: For example, when there is a relationship between the change in the quantity demanded and the price of a good or service, the elasticity is known as price elasticity of demand.