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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:

Special thanks to The Free Dictionary for providing us with the information used in this web page

Video Vocabulary

influential

/ˌinflo͞oˈen(t)SH(ə)l/

influential
adjective noun

having great influence on person or thing. influential person.

looking

/ˈlo͝okiNG/

looking
adjective verb

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

imagine

/iˈmajən/

imagine
verb

form mental image of.

measurement

/ˈmeZHərmənt/

measurement
noun

Size or amount of something or someone.

product

/ˈprädəkt/

product
noun

End result of a process.

calculate

/ˈkalkyəˌlāt/

calculate
verb

To find an answer using mathematics.

services

/ˈsərvəs/

services
noun other verb

action of helping or doing work for someone. Ceremonies for religious purposes. To maintain a piece of machinery so it runs well.

managers

/ˈmanijər/

managers
noun other

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

marketing - marketing

/ˈmärkədiNG/

marketing
noun verb

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

inelastic

/ˈiniˈlastik/

inelastic
adjective

Not elastic.

concept

/ˈkänˌsept/

concept
noun

Abstract idea of something or how it works.

business

/ˈbiznəs/

business
noun

A company formed for making profit.

through

/THro͞o/

through
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.. Allowing you to pass between, or to.

influenced

/ˈinflo͝oəns/

influenced
verb

have influence on.

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