What is Price Elasticity of Demand (PED)? | Determinants | IB Microeconomics

[@nicolec.6883]

You are a genius! Your teaching makes learning so easy. Thank you for being so detailed!! This video has really helped me understand what I needed. I'm currently taking a microeconomics course and plan to utilize your videos throughout my course. Thank you again!!

[@BradCartwrightEconomics]

Nicole, wow, thank you for your kind words. Good luck in your studies and I'm glad you are finding the videos helpful!

[@elysiakomen226]

In my textbook it also mentions the 'width of the market definition' as a determinant, do you think you could explain this?

[@divyagupta8351]

Thanku☺️