Factors affecting PED
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Luxury or necessity
Business > unit 1 > price elasticity of demand and income elasticity of demand > PED > Factors affecting PED2 cardsTime
Business > unit 1 > price elasticity of demand and income elasticity of demand > PED > Factors affecting PED2 cardsproportion of income spent
Business > unit 1 > price elasticity of demand and income elasticity of demand > PED > Factors affecting PED1 cardBrand loyalty
Business > unit 1 > price elasticity of demand and income elasticity of demand > PED > Factors affecting PED1 cardavailability of substitutes
Business > unit 1 > price elasticity of demand and income elasticity of demand > PED > Factors affecting PED1 card