Factors that affect price elasticity

mavina
Mind Map by , created over 5 years ago

A Levels Economics (Unit 1 - Micro) Mind Map on Factors that affect price elasticity, created by mavina on 02/17/2014.

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mavina
Created by mavina over 5 years ago
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Factors that affect price elasticity
1 Necessity or luxury?
2 Availibilty of substitues
3 Consumer income
4 Brand loyalty
5 Habits
6 Frequency of purchase

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