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

3396 Views

See similar Business Studies IB tutors

Related Business Studies IB answers

All answers ▸

What are the core differences between an intrapreneur and an entrepreneur?


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


What is Maslow's Hierarchy of Needs and how is it relevant to managers?


(based on a case study) Should Shane outsource his employee training programme


We're here to help

contact us iconContact usWhatsapp logoMessage us on Whatsapptelephone icon+44 (0) 203 773 6020
Facebook logoInstagram logoLinkedIn logo

© MyTutorWeb Ltd 2013–2025

Terms & Conditions|Privacy Policy
Cookie Preferences