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What is meant by 'Price elastic demand?​
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What is meant by 'Price elastic demand?​

User Mahmoud Abdelkader
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Answer:

The amount requested of an item or service divided by the percentage change in price is the price elasticity of demand. The percentage change in quantity supplied divided by the percentage change in price represents the price elasticity of supply.

Step-by-step explanation:

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User Shahzeb Akram
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