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A proportionate change in all prices
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A proportionate change in all prices Related: The Budget Line - Econo...
Relatively elastic demand is defined as the proportionate change produced in demand is greater than the proportionate change in the price of a product. The quantity demanded changes by a larger percentage than the change in price.
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A proportionate change in all prices Related: The Budget Line - Economics
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A proportionate change in all prices Related: The Budget Line - Economics for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about A proportionate change in all prices Related: The Budget Line - Economics covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A proportionate change in all prices Related: The Budget Line - Economics.
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