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Factors Affecting Price Elasticity of Demand

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

Last updated 2 Jul 2018

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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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