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What is price elasticity of demand?

Price elasticity of demand is often shortened to PED
A PED can be different variations of elastic, inelastic or unit elastic.
What PED is is the responsiveness of demand to a change in price.

Answered by Harry B. • Economics tutor

3571 Views

How do I structure an essay?

All essays should have the same structure- introduction, pro and con paragraphs (weigh the paragraphs by the conclusion you plan to draw on) then a short conclusion. Theme each paragraph with a theory (eg...

Answered by Karima M. • Sociology tutor

4363 Views

Analyse the manifestation of exile in The Metamorphosis

The exile in discussion in this essay is not that of geographical exile or deportation but exile of identity, of being out of place, out of time and of another time.Gregor’s exile manifests itself in his ...

Answered by Hannah G. • English Literature tutor

5134 Views

What is the Hardy-Weinberg equation and what is it used for?

The Hardy-Weinberg equation is a model predicting allele frequency in an population, under the assumption that the frequency of alleles in a population does not change and will contribute...

Answered by Juliet C. • Biology tutor

3330 Views

How accurate is it to say that the lend-lease programme was the most important reason for the USSR’s victory in WW2?

This question is not just about the lend-lease programme but rather about the reasons why the USSR were victorious in World War Two. In approaching this question, the advantages and disadvantages of the l...

Answered by Louise C. • History tutor

2388 Views