Assertion: price elasticity | /r/CapableOf | quantify buyerssensitivity
Facets:
value: to price
type: OTHER
Source sentences:
text: To Marshall also goes credit for the concept of price-elasticity of demand, which quantifies buyers’ sensitivity to price….
text: The biography of Alfred Marshall in the Concise Encyclopedia of Economics notes that “To Marshall also goes credit for the concept of price-elasticity of demand, which quantifies buyers’ sensitivity to price.