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What is PED - price elasticity of demand?

PED measures the responsivness of demand after a fluctuation in price

Elliott S. IB Business Studies tutor, IB History tutor, IB Economics ...

1 year ago

Answered by Elliott, an IB Business Studies tutor with MyTutor


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Degree: Global Politics (Masters) - Durham University

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Elliott S.

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Degree: MA Honours International Business with French (Bachelors) - Edinburgh University

Subjects offered:Business Studies, History+ 3 more

Business Studies
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“Hi there my name is Elliott Simpson. I am a 4th year Honours student at the University of Edinburgh pursuing a degree in International Business with French. Previously, I acheived an International Baccalaureate degree at the Toronto F...”

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