International Baccalaureate (Important equations) Economics Fichas sobre Chapter 3: Elasticities - Important Equations, creado por Jasmine Wells el 30/11/2015.
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Creado por Jasmine Wells
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What is the formula for price elasticity of demand?
What is the formula for cross price elasticity of demand? (XED)
What is the formula for income elasticity of demand? (YED)
What does it indicate if YED<1 ?
What does it indicate if YED>1?
What is the formula for price elasticity of supply?
