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A new series of resources aimed at assisting teachers with the delivery of the Edexcel A Level Business specification. This resource specifically looks at topic 1.2.5. Income Elasticity of Demand. It considers the issues of how to calculate income elasticity of demand, the interpretation of income elasticity values, the main factors influencing income elasticity of demand, and its significance to a business. The clear and well-presented nature of the slides are aimed at helping students to understand the topics with each topic analysed to provide a balanced assessment of the theory.
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