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Price Elasticity of Demand and Student Accommodation

Graham Watson

14th September 2017

An excellent application of PED to a simple problem: if you are a student looking for accommodation at a time when construction firms are building lots of suitable apartments, do you want the demand for them to be elastic or inelastic?

Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.

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