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Elasticity and its Implications
Price Elasticity of Demand
Economics Textbooks Boundless Economics Elasticity and its Implications Price Elasticity of Demand
Economics Textbooks Boundless Economics Elasticity and its Implications
Economics Textbooks Boundless Economics
Economics Textbooks
Economics
Concept Version 8
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Measuring the Price Elasticity of Demand

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There is an inverse relationship between price and quantity demanded, so the elasticity coefficient is almost always negative.

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Related Terms

  • Cross-price elasticity of demand
  • Own-price elasticity of demand
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