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What PES Measures

What PES Measures

Price elasticity of supply, or PES, measures how responsive quantity supplied is when the price of a good changes. It shows how easily producers can expand output following a price rise.

1.3.4 Price elasticity of supply Lesson

  1. A Level
  2. /Economics
  3. /1.3.4 Price elasticity of supply

Step-by-step lessons on AQA A Level Economics 1.3.4 Price elasticity of supply. Each one builds up to exam-style questions. Start with the core supply-and-demand models before moving on to the more evaluation-heavy macroeconomic policy topics.

Lessons