A change in quantity demanded is represented as a movement along a demand curve. The proportion that quantity demanded changes relative to a change in price is known as the elasticity of demand.

Which factors determine the elasticity of demand of a good ... such as a whole country or the world. An indifference curve is a graph that shows the array of combinations of two goods or services ...

Price elasticity of demand measures the change in consumption ... amount available across a range of prices if displayed on a ...