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What are the three demand elasticities?
A
- Price elasticity of demand (PED)
- Income elasticity of demand (YED)
- Supply elasticity of demand (SED)
B
- Average elasticity of demand (AED)
- Income elasticity of demand (YED)
- Cross elasticity of demand (XED)
C
- Price elasticity of demand (PED)
- Income elasticity of demand (YED)
- Cross elasticity of demand (XED)
D
- Price elasticity of demand (PED)
- Wealth elasticity of demand (WED)
- Cross elasticity of demand (XED)
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2.2.1 definition of price elasticity, income elasticity and cross elasticity of demand (PED, YED, XED) Flashcards
23 flashcards on CIE Intl A Level Economics 2.2.1 definition of price elasticity, income elasticity and cross elasticity of demand (PED, YED, XED): the key terms and definitions you need to recall.