When the proportionate change in quantity demanded is less than the proportionate change in price?1 Answer. Price elasticity of demand will be less than unity (Ed>1) ( E d > 1 ) as proportionate change in demand is less than proportionate change in price.
Where a percentage change in price leads to less than proportionate change in the quantity demanded demand is said to be?An inelastic demand or supply curve is one where a given percentage change in price will cause a smaller percentage change in quantity demanded or supplied.
When the proportionate change in the quantity demanded is lower than the proportionate change in income of the consumer the income elasticity of demand is?According to the types of elasticity of demand, when the change in the quantity demanded is exactly proportionate to the change in the price, the elasticity of demand will be equal to one.
When the change in price is less than the change in quantity demanded the demand is said to be?1) When the percentage change in the quantity demanded is less than the percentage change in price, then demand is C. inelastic.
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