1.2.2 interpreting Elasticity of Demand Flashcards
1
Q
Formula for Price Elasticity of Demand (PED)
A
% Change in quantity
——————————
% Change in price
A Level Business > 1.2.2 interpreting Elasticity of Demand > Flashcards
Formula for Price Elasticity of Demand (PED)
% Change in quantity
——————————
% Change in price