Answers>Business Studies>IB>Article

What is PED - price elasticity of demand?

PED measures the responsivness of demand after a fluctuation in price

Answered by Elliott S. • Business Studies tutor

3765 Views

See similar Business Studies IB tutors

Related Business Studies IB answers

All answers ▸

How can the BCG Matrix be applied to a high street retail business?

What is Maslow's Hierarchy of Needs and how is it relevant to managers?

Explain two investment appraisal techniques Johnson Boxes could use to assess the profitability of buying the new machinery from Cook Technology.

Name the four main leadership styles, and give a brief description of each.

Popular Requests

Maths tutor Chemistry tutor Physics tutor Biology tutor English tutor GCSE tutors A level tutors IB tutors Physics & Maths tutors Chemistry & Maths tutors GCSE Maths tutors

CLICK CEOP

Internet Safety

Payment Security

Cyber

Essentials

MyTutor is part of the IXL family of brands:

IXL

Comprehensive K-12 personalized learning

Rosetta Stone

Immersive learning for 25 languages

Wyzant

Trusted tutors for 300 subjects

Education.com

35,000 worksheets, games, and lesson plans

Vocabulary.com

Adaptive learning for English vocabulary

Emmersion

Fast and accurate language certification

Thesaurus.com

Essential reference for synonyms and antonyms

Dictionary.com

Comprehensive resource for word definitions and usage

SpanishDictionary.com

Spanish-English dictionary, translator, and learning resources

FrenchDictionary.com

French-English dictionary, translator, and learning

Ingles.com

Diccionario ingles-espanol, traductor y sitio de apremdizaje

ABCya

Fun educational games for kids