Step-by-Step Lesson

Learn: Factors That Influence PED

Edexcel Level 3 Advanced GCE in Business (9BS0)

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Steps in this lesson (10)

1
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Match the items on the left with their correct pairs on the right

2
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3
Multiple ChoiceInteractive

If a product has elastic demand, what happens when its price increases?

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4
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5
Fill in the BlankInteractive

Products with many {{blank0}} tend to have more {{blank1}} demand.

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6
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Match the items on the left with their correct pairs on the right

7
MatchingInteractive

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8
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Match the items on the left with their correct pairs on the right

9
Multi-SelectInteractive

Which of the following factors tend to make demand more elastic? (Select all that apply)

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10
Math EquationInteractive

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