Price Elasticity of Demand Explained | PED

[@TwoTeachers]

Petrol could be classified as ‘elastic’ or ‘inelastic’ dependent on the situation, how and why?

[@AP_6]

thank you, i finally understand it now

[@TwoTeachers]

Glad we could help 😁

[@danielbarnes4164]

thanks

[@TwoTeachers]

You're welcome Daniel! Glad you liked it.

[@lewismcelroy6946]

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[@funwithomp]

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[@TwoTeachers]

Yo Dog 🐕