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Lecture Principles of Microeconomics: Chapter 4 - James D. Miller

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Lecture Principles of Microeconomics - Chapter 4: Elasticities. After reading this chapter, you should be able to answer the following questions: What is price elasticity of demand? What are categories of demand elasticity and what factors influence them? What is the relationship between demand elasticity and total revenue? What is income elasticity of demand? What is cross elasticity of demand? What is price elasticity of supply? What are categories of supply elasticity and what factors influence them? |

TÀI LIỆU LIÊN QUAN

Lecture Principles of microeconomics - Chapter 1: Ten principles of economics

Lecture Principles of microeconomics - Chapter 2: Thinking like an economist

Lecture Principles of microeconomics - Chapter 3: Interdependence and the gains from trade

Lecture Principles of microeconomics - Chapter 4: The market forces of supply and demand

Lecture Principles of microeconomics - Chapter 5: Elasticity and its application

Lecture Principles of microeconomics - Chapter 6: Supply, demand and government policies

Lecture Principles of microeconomics - Chapter 10: Externalities

Lecture Principles of microeconomics - Chapter 11: Public goods and common resources

Lecture Principles of microeconomics - Chapter 12: The design of the tax system

Lecture Principles of microeconomics - Chapter 13: The costs of production
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