Economics

Study Notes

Explaining Price Elasticity of Demand

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

Price elasticity of demand measures the responsiveness of demand after a change in a product's own price.

Price elasticity of demand - key factors

Boston House,
214 High Street,
Boston Spa,
West Yorkshire,
LS23 6AD

Tel: +44 0844 800 0085

© 2021 Tutor2u Limited. Company Reg no: 04489574. VAT reg no 816865400.