Explain the significance of " minus sign" attched to the measure of priced elasticity of demand in case of a normal good as compared to the " plus sign" attached to the measure of price elasticity of supply.

Explain the significance of " minus sign" attched to the measure of pr

1.	Explain the significance of " minus sign" attched to the measure of priced elasticity of demand in case of a normal good as compared to the " plus sign" attached to the measure of price elasticity of supply.
Answer» <html><body><p></p>Solution :The minus <a href="https://interviewquestions.tuteehub.com/tag/sign-1207134" style="font-weight:bold;" target="_blank" title="Click to know more about SIGN">SIGN</a> just <a href="https://interviewquestions.tuteehub.com/tag/represents-1185452" style="font-weight:bold;" target="_blank" title="Click to know more about REPRESENTS">REPRESENTS</a> the negative relationship between price and <a href="https://interviewquestions.tuteehub.com/tag/quantity-1174212" style="font-weight:bold;" target="_blank" title="Click to know more about QUANTITY">QUANTITY</a> demanded of a <a href="https://interviewquestions.tuteehub.com/tag/commodity-923558" style="font-weight:bold;" target="_blank" title="Click to know more about COMMODITY">COMMODITY</a>.</body></html>