Business Bec doms ppt on elasticity

1. Elasticity Price elasticity demand supply Cross elasticity Income elasticity 2. Basic idea We know when P Qd Qs holding other factors constant 3. but how much? if price…

Documents Chapter 3: Elasticity Price elasticity –demand –supply Cross elasticity Income elasticity Price....

Slide 1Chapter 3: Elasticity Price elasticity –demand –supply Cross elasticity Income elasticity Price elasticity –demand –supply Cross elasticity Income elasticity…