InThinking Subject Sites

Subscription websites for IB teachers & their classes

Find out more


Sitemap
Recommendations
Other subjects
Brochure

Disclaimer: InThinking subject sites are neither endorsed by nor connected with the International Baccalaureate Organisation.

Student access tools
 You need to log-in or subscribe in order to use Student access.

Determinants of price elasticity

This lesson continues the section on price elasticity of demand and considers the factors that determine the price elasticity of different products.What determines the responsiveness of a product to changes in price?Lesson time: 1 hourLesson objectives:Understanding the determinants of PED, including the number and closeness of substitutes, the degree of necessity, time and the proportion of income spent on a good or...

To access the contents of this site, you must subscribe.