What Is Price Elasticity Of Supply (PES) In Economics? - Learn About Economics
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YouTubeLearn About Economics
What Is Price Elasticity Of Supply (PES) In Economics? - Learn About Economics
What Is Price Elasticity Of Supply (PES) In Economics? Have you ever wondered how producers respond to changes in market prices? In this video, we’ll explain the concept of price elasticity of supply (PES) and why it matters in economics. We’ll start by defining what PES is and how it measures the responsiveness of producers when prices ...
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Gold has suffered its worst single day value decline in 12 years after the precious metal’s price had been soaring in recent weeks, hitting record highs day after day. However, jitters in the market overnight saw prices slump by as much as 6.3 per cent, settling at just over USD$4,000 an ounce. Click the link in the bio for more from 10 News. #10news #gold #goldprices
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