What is Price Elasticity?

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Price elasticity is a measure of how consumers react to the prices of products and services. There are two types of price elasticities: price elasticity of demand and price elasticity of supply.
Read more: marketbusinessnews.com/financ...

[@propofol_is_my_true_love]

this topic had me SO confused but you explained it in a way I could understand

[@eyerusalemhaileselasiesolo7742]

Thank you 😭😭❤️❤️

[@saidabrorkhonshavkatbekov1459]

Perfectly-explained.

[@MrSTOCKBLOGGER]

well put together. this basically does my hour long lecture in 3 minutes........rip lecture

[@afifahallias7627]

Nice explanation 🌹

[@Daniel-fn1tm]

Thank you so much

[@nickfleming3719]

You should not conflate changes in demand with changes in quantity demanded That creates massive amounts of confusion