What is PED - price elasticity of demand?

PED measures the responsivness of demand after a fluctuation in price

ES
Answered by Elliott S. Business Studies tutor

3784 Views

See similar Business Studies IB tutors

Related Business Studies IB answers

All answers ▸

Using an example, describe how a business can use Corporate Social Responsibility to their advantage.


How can ethical objectives help a business grow?


With reference to one or more organisations that you have studied, evaluate any ethical strategies adopted by this business.


How can I make sure to get as many marks as possible on my CUEGIS questions?


We're here to help

contact us iconContact ustelephone icon+44 (0) 203 773 6020
Facebook logoInstagram logoLinkedIn logo

MyTutor is part of the IXL family of brands:

© 2026 by IXL Learning