# Price Elasticity of Demand

> Price elasticity of demand (PED) measures how strongly quantity demanded responds when price changes. Master the definition, the formula method, and the labels elastic, inelastic and unitary. Use…

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## Full notes

This is a preview of the Price Elasticity of Demand notes for Grade 11 Economics. Create a free Hlayiso account to read the full notes, practise every question and track your progress.

## More in Price Elasticity

- [Price Elasticity of Supply](https://www.hlayiso.com/grade-11/economics/notes/price-elasticity/price-elasticity-of-supply) — Next section
- [All Price Elasticity sections](https://www.hlayiso.com/grade-11/economics/notes/price-elasticity)

## Frequently asked questions

### What will I learn in "Price Elasticity of Demand"?

This section covers Price Elasticity of Demand as part of Price Elasticity in Grade 11 Economics. You'll find clear explanations, worked examples, and key definitions aligned to the CAPS curriculum.

### Is this section aligned with the CAPS curriculum?

Yes. All notes on Hlayiso, including "Price Elasticity of Demand", are written against the official CAPS curriculum and ATP for Grade 11 Economics.

### What should I study after "Price Elasticity of Demand"?

Continue with the next section in Price Elasticity, or test your understanding with the interactive quiz linked to this section.

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