Answers>Business Studies>IB>Article

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

4072 Views

See similar Business Studies IB tutors

Related Business Studies IB answers

All answers ▸

How can ethical objectives help a business grow?

How can the BCG Matrix be applied to a high street retail business?

What is Porters Five Forces?

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