Over the past few weeks i’ve had a fair few business students in that were struggling with the concept of Price Elasticity of Demand (PED). I found this nicely presented video on youtube, describing the concept quite clearly…Enjoy!:
Over the past few weeks i’ve had a fair few business students in that were struggling with the concept of Price Elasticity of Demand (PED). I found this nicely presented video on youtube, describing the concept quite clearly…Enjoy!: