tutor2u | Price Elasticity of Supply

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Price Elasticity of Supply

AS, A Level, IB
AQA, Edexcel, OCR, IB, Eduqas, WJEC

Last updated 21 Mar 2021

This updated revision video covers the important topic of price elasticity of supply.

Elasticity of supply measures the responsiveness of quantity supplied to a change in price. What are the key factors affecting price elasticity of supply? What are some topical examples of when this concept is important?

Price Elasticity of Supply


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