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

3841 Views

See similar Business Studies IB tutors

Related Business Studies IB answers

All answers ▸

What are two main methods of business analysis


I know what a SWOT is, but how would it look like for "SPECIFIC COMPANY"?


What is meant by the term "economies of scale" and what types of EOS exist?


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


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