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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".

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More about this material

Material Type:
Tutorial
Date Added to MERLOT:
July 13, 2021
Date Modified in MERLOT:
September 16, 2021
Author:
Submitter:
Cathy Swift
Asian American, Native American, Pacific Islander Serving Institution Hispanic Serving Institution
Primary Audience:
College General Ed, College Lower Division, College Upper Division
Technical Format:
Video, Website
Mobile Compatibility:
Not specified at this time
Language:
English
Cost Involved:
No
Source Code Available:
Unknown
Creative Commons:
No

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