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1 Price elasticity of demand and revenue implications Often in economics we look at how the value of one variable changes when another variable changes. - ppt download
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Elasticities 1. Price Elasticity of Demand (PED) 2. Types of Demand Curves 3. Measuring PED 4. Demand for Model T 5. Determinants of PED 6. Revenue and PED 1. price elasticity of demand (Chapter 6, Arnold, 13th edition) Law of Demand The firms are ...
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