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2.3.2 formula for and calculation of price elasticity of supply
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What PES Measures

What PES Measures

Price elasticity of supply, or PES, measures how responsive quantity supplied is to a change in the good's own price. It compares percentage changes rather than absolute changes.

2.3.2 formula for and calculation of price elasticity of supply Lesson

  1. Intl A Level
  2. /Economics
  3. /2.3.2 formula for and calculation of price elasticity of supply

Step-by-step lessons on CIE Intl A Level Economics 2.3.2 formula for and calculation of price elasticity of supply. Each one builds up to exam-style questions.

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