What are the determinants of demand elasticity?

Let’s learn what are the determinants of demand elasticity. The most accurate or helpful solution is served by Yahoo! Answers.

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Answer:

Determinants of PED; A number of factors determine the elasticity: * Substitutes: The more substitutes...

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Answer:

Following are the determinants of price elasticity of demand: Number of substitutes Degree of necessity...

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Answer:

The major nonprice determinants of demand are: (1) income, (2) tastes and preferences, (3) the price...

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The determinants of the price elasticity of demand is the availability of substitute goods, percentage...

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The price elasticity of demand measures how responsive the quantity demanded of a good is to a change...

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Answer:

The availability of substitutes, time period of analysis, and proportion of budget are the three factors...

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the major determinants of price elasticity of demand Use own your own help and VU handouts, and listen...

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Answer:

Determined by numerous factors; Number of substitutes, Degree of necessity, and price of the good as...

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Answer:

Three factors that affect the numerical value of the price elasticity of demand are the availability...

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