1 / 7

Managerial Economics

Managerial Economics. Agung Nusantara E-mail: agnusantara@yahoo.com. PRICE ELASTICITY OF DEMAND. Respons relatif jumlah barang X yang diminta terhadap perubahan harga barang X.  = (Qx/Qx) : (Px/Px). ARC ELASTICITY. P/t. A. Pa. B. Pb. Q/t. Qa. Qb.

igor-morin
Download Presentation

Managerial Economics

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Managerial Economics Agung Nusantara E-mail: agnusantara@yahoo.com

  2. PRICE ELASTICITY OF DEMAND • Respons relatif jumlah barang X yang diminta terhadap perubahan harga barang X •  = (Qx/Qx) : (Px/Px)

  3. ARC ELASTICITY P/t A Pa B Pb Q/t Qa Qb • Qx Px • = --------------------- + ---------------------- (Qxb – Qxa)/2 (Pxb – Pxa)/2

  4. POINT ELASTICITY P/t • Qx/Qx • = ------------------- Px/Px A Pa Qa Q/t

  5. DETERMINANTS OF PRICE ELATICITY • Number of substitute goods • The greater proportion of spending on an item to consumers total income • Consumer expectations • The longer the time period allowed consumers to adjust their spending habits

  6. Relationship Between Price Elasticity - Total Revenue

More Related