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9:46
tutor2u.net
Price Elasticity of Demand
Price elasticity of demand measures the responsiveness of quantity demanded for a product to a change in price. It is one of the most important concepts in business, particularly when making decisions about pricing and the rest of the marketing mix.
Feb 18, 2018
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Elasticity Explained in 12 Minutes! #economics #economicsexplained #elasticity #elasticityofdemand
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Elasticity Explained in 12 Minutes #elasticity #elasticityofdemand #economics #economicsexplained
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