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[Step 2 continued] Demand
What is Demand? How do you measure Elasticity of Demand? Demand is price elastic if...
What is Demand? How do you measure Elasticity of Demand? Demand is price elastic if...
the quantity of a product that will be sold in the market at various prices for a certain period
EoD= % change in Qd/ % change in Price
Demand is price elastic if you dec Price and Demand increases more.
EoD= % change in Qd/ % change in Price
Demand is price elastic if you dec Price and Demand increases more.
Karteninfo:
Autor: savhighsmith
Oberthema: Economics
Thema: Marketing
Schule / Uni: UGA
Ort: Athens
Veröffentlicht: 17.11.2010