Mind map
Determinants of PED
Map content
Determinants of PED
S= No. of Substitues
P= Proportion of income spent on a good
L= Luxury/Necessity
A= Addictiveness of a good
T= The amount of time following a price change
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- Description
- International Baccalaureate Economic and Public Affairs (EPA) (Microeconomics) Mind Map on Determinants of PED, created by Jenny Chu on 22/01/2019.
- Created by
- Jenny Chu · Jan 2019
- Updated
- Jan 22, 2019
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