Analysis 1: Calculating and Interpreting Elasticity

Analysis 1: Calculating and Interpreting Elasticity

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Analysis 1: Calculating and Interpreting Elasticity

Analysis 1: Calculating and Interpreting Elasticity
NEWS— Part I, a): Price elasticity of Demand


Price elasticity of demand = (change in quantity/average of old and new quantities) ÷ (change in price/av (Educational)

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Analysis 1: Calculating and Interpreting Elasticity
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