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Teaching Economics

In the News

Cross Price Elasticity of Demand - Music Streaming Hits Album Sales

Geoff Riley

14th January 2016

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The growing popularity of relatively low-priced music streaming from services such as Apple Music and Spotify is coming at the expense of other market segments. This is a good example of cross price elasticity of demand in action.

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.

@tutor2uGeoff

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