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5 Factors Affecting the Price Elasticity of Demand (PED)
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Chapter 3 Quiz Flashcards Quizlet
WebOct 22, 2015 · FACTORS AFFECTING PROFIT 1. PROFIT • A financial benefit that is realized when the amount of revenue gained from a business activity exceeds the expenses, costs and taxes needed to … WebOn his video, he pointed out 5 factors that impacts supply: 1) Price of related product 2) Number of suppliers 3) Price Expectation 4) Technology 5) Price of inputs In this guide … WebBargaining power of buyers—powerful buyers have a significant impact on prices Bargaining power of suppliers—powerful suppliers can demand premium prices and limit your profit Barriers to entry(threat of new entrants)—act as a deterrent against new competitors Industry analysis and competition harvest hoa argyle