Gomezve051idn
Answered

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differentiate the cross elasticity of demand and price elasticity of supply?​

Sagot :

Yunnyihayneidn

Answer:

The price elasticity of demand is the percentage change in the quantity demanded of a good or service divided by the percentage change in the price. The price elasticity of supply is the percentage change in quantity supplied divided by the percentage change in price.

Explanation:

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MyBuddyidn

Answer:

Differentiate the Cross elasticity of demand and Price elasticity of supply?​

Cross elasticity of demand

  • The price elasticity of demand is the percentage change in the quantity demanded of a good or service divided by the percentage change in the price.

Price elasticity of supply?​

  • The price elasticity of supply is the percentage change in quantity supplied divided by the percentage change in price.

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