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Economics

Study Notes

Factors Affecting Price Elasticity of Demand

Level:
GCSE, AS, A Level
Board:
AQA, Edexcel, OCR, IB

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

Factors Affecting Price Elasticity of Demand - Revision Video

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