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Price Elasticity of Demand and Student Accommodation

14th September 2017

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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?

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Price Elasticity of Demand

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.