作业帮经济学问题（英语达人进）
来源：学生作业帮 编辑：作业帮 分类：英语作业 时间：2024/07/14 20:40:25
经济学问题（英语达人进）
Describe the factors that determine the degree of price elasticity of demand and price elasticity of supply.(In,English.More than 200 words)
Describe the factors that determine the degree of price elasticity of demand and price elasticity of supply.(In,English.More than 200 words)
factors affecting PED:
i) price
ii) price of other goods (either complement or substitute)
iii) income
iv) tastes and fashion
factors affecting PES
i) cost
ii) price
iii) technology
iv) no.of producers,i.e.strength of competition
Im 100% sure my answers are completely right.
i) price
ii) price of other goods (either complement or substitute)
iii) income
iv) tastes and fashion
factors affecting PES
i) cost
ii) price
iii) technology
iv) no.of producers,i.e.strength of competition
Im 100% sure my answers are completely right.