经济学问题（英语达人进）Describe the factors that determine the degree of price elasticity of demand and price elasticity of supply.(In,English.More than 200 words)
问题描述：
经济学问题（英语达人进）
Describe the factors that determine the degree of price elasticity of demand and price elasticity of supply.(In,English.More than 200 words)
答
factors affecting PED:i) priceii) price of other goods (either complement or substitute)iii) incomeiv) tastes and fashionfactors affecting PESi) costii) priceiii) technologyiv) no.of producers,i.e.str...