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Edexcel Economics (A) A-level Theme 1 – Introduction to Markets and Market Failure > 1.2.5 Elasticity of Supply > Flashcards

1.2.5 Elasticity of Supply Flashcards

1
Q

PES:

A

responsiveness of a change in supply to a change in price

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2
Q

PES equation:

A

%change in quantity supplied / %change in price

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Edexcel Economics (A) A-level Theme 1 – Introduction to Markets and Market Failure (18 decks)

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