Inicio > Term: Price elasticity of demand
Price elasticity of demand
A measurement of the sensitivity of demand to changes in price. Technically, the ratio between the percentage change in volumes demanded and the corresponding percentage change in price.
- Parte del discurso: noun
- Industria/ámbito: Energía
- Categoría: Gas natural
- Company: AGA
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- Harry8L
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(London, United Kingdom)