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Price Elasticity of Demand I A Level and IB Economics
This video looks at the basics of price elasticity of demand (PED) and the factors that influence the coefficient of elasticity. #aqaeconomics #ibeconomics #edexceleconomics VIDEO CHAPTERS 0:00 Introduction 0:10 What is Price Elasticity of Demand? 0:43 Numerical Values for Coefficient of Price Elasticity 1:46 What factors determine the PED of a ...
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