The price elasticity of demand the measure of responsiveness of the
quantity of a product demanded to a change in that product’s price, is
symbolized by the Greek letter eta, It is defined as follows:
η.
Percentagechangeinquantitydemanded
The price elasticity of demand the measure of responsiveness of the
quantity of a product demanded to a change in that product’s price, is
symbolized by the Greek letter eta, It is defined as follows:
η.
Percentagechangeinquantitydemanded