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Calculate elasticity - PowerPoint PPT Presentation

Econ 1000: Mod 3, Lecture 5

Econ 1000: Mod 3, Lecture 5. C.L. Mattoli. Before we move on. If we change price, we move along a supply or demand curve. Supply and demand curves are just schedules or intentions of sellers and buyers of things to sell or buy certain quantities of a good or service, depending on price.

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DWU #1

DWU #1 . If you were going to start your own business, what type of business would you start? Would you sell a good or a service? What things might you need to start your business?. DWU #2. What is the PPF? What are some resources businesses use to create goods or services?

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Calculate elasticity - PowerPoint PPT Presentation

Econ 1000: Mod 3, Lecture 5

DWU #1