tailieunhanh - Lecture Economics - Chapter 4: Elasticity

Chapter 4 - Elasticity, in this chapter you will learn: Concept of elasticity; calculate price elasticity of demand and supply using the mid‐point method; explain how the determinants of price elasticity of demand and supply affect the degree of elasticity; calculate cross‐price and income elasticities of demand, and interpret the sign of the elasticities. |

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