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1.2 Market 1.2.5 Income elasticity of demand 1.2 Market 1.2.5 Income elasticity of demand

1.2 Market 1.2.5 Income elasticity of demand - PowerPoint Presentation

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Uploaded On 2018-03-09

1.2 Market 1.2.5 Income elasticity of demand - PPT Presentation

Edexcel Business Theme 1 Marketing and people Challenge What is meant by the term PED What is the formula for P ED State 2 factors influencing PED If a product has a PED of 07 would it be a good or bad idea to lower price Explain your answer ID: 644684

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