Price Elasticity of Product Demand Measure
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A Price Elasticity of Product Demand Measure is a Price Elasticity of Demand Measure that applies to product price changes and product demand changes.
- Context:
- It can produce a Price Elasticity of Product Demand Value (which is typically a negative price elasticity of product demand).
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- Counter-Example(s):
- See: Elasticity Measure, Price Inelastic Product Demand.