Price elasticity of demand is best defined as :

1.	Price elasticity of demand is best defined as :
Answer» <html><body><p><a href="https://interviewquestions.tuteehub.com/tag/change-913808" style="font-weight:bold;" target="_blank" title="Click to know more about CHANGE">CHANGE</a> in the tastes of cpmsi,ers at doffermet prices.<br/>Change in <a href="https://interviewquestions.tuteehub.com/tag/demand-436956" style="font-weight:bold;" target="_blank" title="Click to know more about DEMAND">DEMAND</a> when income of the <a href="https://interviewquestions.tuteehub.com/tag/consumer-25599" style="font-weight:bold;" target="_blank" title="Click to know more about CONSUMER">CONSUMER</a> increases.<br/>The <a href="https://interviewquestions.tuteehub.com/tag/rate-1177476" style="font-weight:bold;" target="_blank" title="Click to know more about RATE">RATE</a> of response of demand toa change in pirce.<br/>The rate of response of demand to change in pirce of related goods.</p>Solution :N/a</body></html>

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