Material Detail

The Determinants of Price Elasticity of Demand

The Determinants of Price Elasticity of Demand

In this second lesson on elasticity we'll outline the factors that affect the relative price elasticity of demand for a good, summarized by the useful acronym "SPLAT".

Quality

  • Editor Reviews
  • User Rating
  • Comments
  • Learning Exercises
  • Bookmark Collections
  • Course ePortfolios
  • Accessibility Info

More about this material

Comments

Log in to participate in the discussions or sign up if you are not already a MERLOT member.