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Documents Elasticity of Demand IB Business and Management. What is Elasticity? Elasticity measures how...

Slide 1 Elasticity of Demand IB Business and Management Slide 2 What is Elasticity? Elasticity measures how responsive demand is to a change in a particular variable Elasticity…

Documents 3.3.2 PRICE. Central Question How do you decide on your selling price?

3.3.2 PRICE Central Question How do you decide on your selling price? Factors to consider Your costs Your company objectives The competition Your product The market The state…

Documents Todd Flanders: Daddy, what do taxes pay for? Ned Flanders: Oh, why, everything! Policemen, trees,...

Todd Flanders: Daddy, what do taxes pay for? Ned Flanders: Oh, why, everything! Policemen, trees, sunshine! And lets not forget the folks who just don't feel like…