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Understanding Price Elasticity of Demand
This six-page resource introduces price elasticity of demand, including elastic, inelastic, unit elastic, perfectly elastic, and perfectly inelastic demand.
$5USD · Digital download
This six-page resource introduces price elasticity of demand, including elastic, inelastic, unit elastic, perfectly elastic, and perfectly inelastic demand. Students classify examples, calculate elasticity using worked examples, interpret results, and analyze demand curves.
6 pagesof ready-to-use material · PDF
PDF
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Preview
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What you’ll teach
Clear goals. Useful learning.
- Students will define price elasticity of demand.
- Students will classify goods as elastic or inelastic.
- Students will calculate price elasticity of demand.
- Students will interpret elasticity results and demand curves.
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