Assertion: price elasticity | /r/HasProperty | said
Facets:
value: in this case
type: TEMPORAL
Source sentences:
text: when percentage change in quantity demanded is greater than the percentage change in price then, price elasticity will be greater than one and in this case demand is said to be elastic.
text: when percentage change in quantity demanded is less than the percentage change in price then, price elasticity will be less than one and in this case demand is said to be inelastic.