Economics
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Factors Affecting Price Elasticity of Demand
- Level:
- GCSE, AS, A Level
- Board:
- AQA, Edexcel, OCR, IB
Last updated 2 Jul 2018
What are the main factors that affect the coefficient of price elasticity of demand?
A number of factors come into play in determining whether demand is price elastic or price inelastic in a given market
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