Price Elasticity of Demand and Student Accommodation |

An excellent application of PED to a simple problem: if you are a student looking for accommodation at a time when construction firms are building lots of suitable apartments, do you want the demand for them to be elastic or inelastic?

Continue reading at:

http://ift.tt/2xzsj1C

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s