1. Follow Geoff Riley on Twitter @tutor2u_econ For the AS micro exam, follow the hash tag #econ1 www.tutor2u.net for extra revision resources 2. Elasticity • Classification…
Slide 11 The Kinked Demand Curve and Price Rigidity: Evidence from Scanner Data Maarten Dossche (Ghent University & National Bank of Belgium) Freddy Heylen (Ghent University,…
1. Market DemandIndividual demand curves may be aggregated(summed up) to form the market demand curve.This process is known as horizontal summation.Individual demand curves…