हिंदी

Which of the following statement is true? Price Elasticity of Demand is defined as the measurement of the percentage in quantity demanded in response to a given percentage change in own price -

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प्रश्न

Which of the following statement is true?

विकल्प

  • Price Elasticity of Demand is defined as the measurement of the percentage in quantity demanded in response to a given percentage change in own price of the commodity.

  • Price Elasticity of Demand is defined as the measurement of the percentage in quantity supplied in response to a given percentage change in own price of the commodity. 

  • Price Elasticity of Demand is defined as the measurement of the percentage in quantity demanded in response to a given percentage change in own production of the commodity.

  • Price Elasticity of Demand is defined as the measurement of the percentage in quantity produced in response to a given percentage change in own price of the commodity.

MCQ

उत्तर

Price Elasticity of Demand is defined as the measurement of the percentage in quantity demanded in response to a given percentage change in own price of the commodity.

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