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DanielleElmas [232]
3 years ago
10

Price elasticity of demand is measured as the:

Social Studies
1 answer:
kumpel [21]3 years ago
7 0

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.

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Social consensus can be defined as a principle or theory which is used to distinguish between what is deemed good or bad in the behavior of the people living in a society.

On the other hand, the magnitude of consequences refers to the overall harm or benefit that is associated with an ethical decision chosen by an individual or group of people.

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