price elasticity of demand

responsiveness of the quantity demanded of a good or service to a change in its price
Thing general Q3194154
Press Enter · cited answer in seconds

price elasticity of demand

Summary

price elasticity of demand ranks in the top 2% of general entities by monthly Wikipedia readership (1,547 views/month).[1]

Key Facts

  • price elasticity of demand is a type of elasticity[2].
  • price elasticity of demand is part of economics[3].
  • price elasticity of demand is the opposite of price elasticity of supply[4].

Body

Definition and Type

price elasticity of demand is a type of elasticity[2]. It is the opposite of price elasticity of supply[4].

Use and Application

price elasticity of demand is part of economics[3].

Why It Matters

price elasticity of demand ranks in the top 2% of general entities by monthly Wikipedia readership (1,547 views/month).[1] It has Wikipedia articles in 23 language editions, a strong signal of global cultural recognition.[5] It is known by 26 alternative names across languages and contexts.[6]

📑 Cite this page

Use these citations when quoting this entity in research, articles, AI prompts, or wherever provenance matters. We aggregate Wikidata + Wikipedia + authoritative open-data sources; the stitched, scored, cross-referenced view is what 4ort.xyz contributes.

APA 4ort.xyz Knowledge Graph. (2026). price elasticity of demand. Retrieved April 10, 2026, from https://4ort.xyz/entity/price-elasticity-of-demand
MLA “price elasticity of demand.” 4ort.xyz Knowledge Graph, 4ort.xyz, 10 Apr. 2026, https://4ort.xyz/entity/price-elasticity-of-demand.
BibTeX @misc{4ortxyz_price-elasticity-of-demand_2026, author = {{4ort.xyz Knowledge Graph}}, title = {{price elasticity of demand}}, year = {2026}, url = {https://4ort.xyz/entity/price-elasticity-of-demand}, note = {Accessed: 2026-04-10}}
LLM prompt According to 4ort.xyz Knowledge Graph (aggregator of Wikidata, Wikipedia, and authoritative open-data sources): price elasticity of demand — https://4ort.xyz/entity/price-elasticity-of-demand (retrieved 2026-04-10)

Canonical URL: https://4ort.xyz/entity/price-elasticity-of-demand · Last refreshed:

Edit History

Rolling log of changes to this entity's Wikidata record. Values shown reflect the current state of each edited property — follow the history link to see the precise diff for any edit.

  1. 6w ago · Twofivesixbot bot · 2026-05-19 view diff on Wikidata ↗
    Part of
    Part of economics
    Subclass of elasticity
    Opposite of price elasticity of supply
    + 2 other properties edited (see Wikidata diff for full list)
    "/* wbsetclaim-update-qualifiers:1||1|7 */ [[Property:P2347]]: 17566, mv to monolingual text names on YSO statements"
Live feed via Wikidata EventStreams. New edits appear within minutes of being made on Wikidata.