Bec doms ppt on elasticity
Chapter 3: Elasticity Price elasticity –demand –supply Cross elasticity Income elasticity Price elasticity –demand –supply Cross elasticity Income elasticity.
Chapter 4 section 2. Salt 2015 Nissan GTR Pork chops Insulin (you’re diabetic) Gas one day after price increase Gas one year after price increase.
Demand. What is Demand Demand- the desire, ability and willingness to buy a product Demand- the desire, ability and willingness to buy a product.
Elasticity Price elasticity demand supply Cross elasticity Income elasticity Price elasticity demand supply Cross elasticity Income.