Factors affecting the Price Elasticity of Demand

So, what factors affect the price elasticity of demand?

In this video, we'll look at five factors that affect the elasticity of demand for a particular good or service.

This is a key concept in Economics -- whatever level of Eco you're looking at.

If you need an intro to what even is the price elasticity of demand, look here:

[emyajain]

best vid out there abt this, finally feel like im gonna ace my eco test

[johanesogwari]

Alex i need ur help. Comperative advantage question. Country A produce 6 banana and 10 clothes. While country B produce 4 banana and 6 clothes, who wll gain from trade?