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Define elasticity of demand
Elasticity of demand (PED or Ed) is a measure used in economics to show the responsiveness, or elasticity, of the quantity demanded of a good or service to a change in its price. ]
Lbarnett77734|Points 112|
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Asked 4/25/2012 4:27:11 AM
Updated 8/30/2015 4:01:29 AM
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This answer has been confirmed as correct and helpful.
Edited by Andrew. [8/30/2015 4:01:28 AM], Confirmed by Andrew. [8/30/2015 4:01:29 AM]
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Questions asked by the same visitor
What is the definition of farm surveying
Question
Updated 2/28/2014 11:29:15 PM
2 Answers/Comments

Farm surveying is the process of measuring and mapping out the position, height, size and boundary of an area of farmland.

Added 2/28/2014 8:42:38 PM
This answer has been confirmed as correct and helpful.
The term "farm survey" can actually have more than one meaning, depending on the circumstances of the particular job. Most often times, farm surveys are used to locate or determine existing boundaries of land, or are used to legally separate building sites from the rest of the land.
Added 2/28/2014 11:29:15 PM
Individual demand
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Updated 11/22/2017 4:05:44 PM
1 Answer/Comment
Individual demand is the amount of a product an individual is willing to purchase with his or her limited income at the prevailing set of relative prices over a specified period of time.
Added 11/22/2017 4:05:44 PM
This answer has been confirmed as correct and helpful.
Confirmed by yumdrea [11/22/2017 5:23:25 PM]
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