The price of a new TV set rises from £1200 to £1500 and in response the sales of the TV set fall?
... from 4000 per month to 3200. What is the price elasticity of demand for the TV set? or:... from 4000 per month to 3200. What is the price elasti
... from 4000 per month to 3200. What is the price elasticity of demand for the TV set?
or:... from 4000 per month to 3200. What is the price elasticity of demand for the TV set?