Examlex
If there is no change in demand that will cause a change in the price then the supply for the good is
Price Elasticity
A gauge for the reaction of demand for a product to variations in its cost.
Quantity Demanded
The total amount of a good or service that consumers are willing and able to purchase at a given price.
Price Elasticity
An indicator of the sensitivity in the quantity of a good demanded when its price fluctuates.
Quantity Demanded
The total amount of a good or service that consumers are willing and able to purchase at a given price in a given period.
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