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Price Elasticity of Demand Explained | PED

6,526 views

Two Teachers

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English (UK)

Speech Time:

99%
  • 10:41 / 10:43

Speech Rate:

  • 159 wpm - Fast

Category:

  • Education

Tags :

Intro:

Video Vocabulary

influential

/ˌinflo͞oˈen(t)SH(ə)l/

adjective noun

Having the power to cause change; having influence. influential person.

looking

/ˈlo͝okiNG/

adjective verb

having specified appearance. To appear to be when you look at them; seem.

imagine

/iˈmajən/

verb

form mental image of.

measurement

/ˈmeZHərmənt/

noun

Size or amount of something or someone.

product

/ˈprädəkt/

noun

Item that can be bought.

calculate

/ˈkalkyəˌlāt/

verb

determine mathematically.

services

/ˈsərvəs/

noun other verb

action of helping or doing work for someone. Maintenance of machineries so it runs well, e.g. cars. To maintain a piece of machinery so it runs well.

managers

/ˈmanijər/

noun other

person in charge of staff or organization. People who controls and runs a business or group.

marketing - marketing

/ˈmärkədiNG/

noun verb

The act of selling services or goods. To publicize products to get you to buy; advertise.

inelastic

/ˈiniˈlastik/

adjective

not elastic.

concept

/ˈkänˌsept/

noun

Abstract idea of something or how it works.

business

/ˈbiznəs/

noun

Activity of working to make a profit.

through

/THro͞o/

adjective adverb preposition

From one end or side of something to the other. expressing movement into one side and out of other side of opening etc.. Over, in, across an entire thing or place.

influenced

/ˈinflo͝oəns/

verb

To affect or change something indirectly.

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