Home > Term: elasticity of demand
elasticity of demand
The ratio of the percentage change in the quantity of a good or service demanded to the percentage change in the price.
- Besedna vrsta: noun
- Industrija/področje: Energy
- Category: Energy efficiency
- Company: U.S. DOE
0
Avtor
- mara nicaru
-
(Gold) 1329 points - 100% positive feedback
