Chapter 5 Elasticity. You are responsible for reading Chapter 4!!!. What have we done?. Chapter 3 gave us downward sloping demand curves Law of demand Now want to see how Q d changes when price changes. Elasticity. Response of one variable to a change in another variable
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You are responsible for reading Chapter 4!!!
Find Total Revenue and Elasticity of Demand
Numbers 5, 6, and 8Working with Graphs and Numbers1, 2, and 4