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Study Notes

Explaining Price Elasticity of Demand

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

Last updated 1 Jul 2018

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

Price elasticity of demand - key factors
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