In this A level Business Studies revision video, we teach you about price elasticity of demand, one of the more challenging marketing topics studied in A level Business.
Price elasticity can be used by marketing managers to assess whether price changes would increase the total revenue of a product. We investigate the difference between price elastic and price inelastic products.
A level Business Studies Revision from TakingTheBiz.
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A level Business Revision - Price Elasticity of Demand
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A level businessA level business revisionA level business studiesa level business studies edexcela level business studies aqaa level business aqaa level business ocra level business edexcela level business exam techniquebusiness studies revisionbusiness revisionaqa business a levelaqa business new specaqa business studiestakingthebiztaking the biza level marketingprice elasticitywhat is price elasticityprice elasticity of demandelasticity