price elasticity of demand 3.0 / 5 based on 1 rating ? Business StudiesMarketing mixASEdexcel Created by: o_cookCreated on: 20-10-19 16:04 price elastic demand a change in price results in a greater change in demand 1 of 5 price elasticity of demand the responsiveness of demand to a change in price 2 of 5 price inelastic demand a change in price results in a proportionately smaller change in demand 3 of 5 4 4 4 of 5 5 5 5 of 5
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