Assertion: price elasticity | /r/HasProperty | e d
Facets:
Source sentences:
text: The price elasticity of demand for a good or service, e D , is the percentage change in quantity demanded of a particular good or service divided by the percentage change in the price of that good or service, all other things unchanged.
text: Price elasticity of demand: also known as PED or E d , is a measure in economics to show how demand responds to a change in the price of a product or service.