Price Elasticity of Demand Part 2 | O-Levels & IGCSEs Economics (2281/0455) скачать в хорошем качестве

Price Elasticity of Demand Part 2 | O-Levels & IGCSEs Economics (2281/0455)

In this lesson, we continue the chapter on Price Elasticity of Demand (PED). This Part 2 focuses on the factors affecting PED and how they influence whether demand is elastic or inelastic—an essential area for O-Levels & IGCSEs Economics exams. 🎯 What You’ll Learn: ✔️ Factors affecting Price Elasticity of Demand ✔️ Availability of substitutes ✔️ Nature of the good (necessity vs luxury) ✔️ Proportion of income spent ✔️ Time period and consumer response ✔️ How these factors apply in exam questions 👨‍🎓 Who is this for? ✔️ O-Levels (2281) & IGCSEs (0455) Economics students ✔️ Learners continuing the PED chapter ✔️ Students aiming for strong exam application and evaluation 📢 Want FREE Study Tips & Assistance? 🎯 Follow me on Instagram @shehnil.kashif 🚀 Subscribe for more O-Levels & IGCSEs Economics lessons! Keywords: Price Elasticity of Demand, PED, Factors Affecting PED, O-Levels Economics, IGCSEs Economics, 2281 Economics, 0455 Economics, Elastic Demand, Inelastic Demand, Microeconomics, Cambridge Economics