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Decks in this class (10)
Price Elasticity of Demand
What is price elasticity of demand 1,
What does inelastic price elastic...,
What is an example of an inelasti...
9
cards
The Theory of Price Elasticity
What is the theory of price elast...,
What are consumers sensitive too 2,
Describe perfectly inelastic coef...
7
cards
Price elasticity and total revenue/expenditure
What is the formula for price ela...,
If price elasticity of demand is ...,
If price elasticity of demand is ...
13
cards
Determinants of Price Elasticity of Demand
Explain this factor with examlpes...,
Explain this factor with examples...,
Explain this factor with examlpes...
5
cards
Price Elasticity of Supply
What does price elasticity of sup...,
On the supply curve what happens ...,
On the supply curve what happens ...
6
cards
Key Determinants of Supply Elasticity
Time explain elastic 1,
Time explain inelastic 2,
Explain the example of oil to do ...
7
cards
Income Elasticity of Demand
What is income elasticity of dema...,
Is their a relationship with prod...,
What is a normal good and example 3
7
cards
Cross Elasticity of Demand
What is cross elasticity of demand 1,
What is the forumla for cross ela...,
If the product is a substitute wh...
6
cards
Applications: Price Elasticity Real Life Example
In the agricultural market what h...,
What is demand in the agricultura...,
If supply increases how does this...
7
cards
Applications: Tax
What is gst 1,
What are the effects of gst 2,
What is excise tax 3
12
cards
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Economics 11.3
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