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

3650 Views

See similar Business Studies IB tutors

Related Business Studies IB answers

All answers ▸

Should I always plan my essays during exams, even when there is not a lot of time available?


What is a Force Field analysis and how can it be applied?


How do I apply motivation theories in essay-based exam questions?


How can ethical objectives help a business grow?


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:

© 2025 by IXL Learning