price elasticity of demand

noun

Definitions

  1. An economic metric designed to measure how sensitive quantity demanded is to a change in…

    An economic metric designed to measure how sensitive quantity demanded is to a change in the price of a good/service.

The neighborhood

Vish — recursive loop

No curated loop yet for price elasticity of demand. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA