Elasticity The Responsiveness of Demand and Supply 管理经济学 技术方案.pptVIP

Elasticity: The Responsiveness ofDemand and Supply; After studying this chapter, you should be able to: Define the price elasticity of demand and understand how to calculate it. Discuss the determinants of the price elasticity of demand. Understand the relationship between the price elasticity of demand and total revenue. Define the cross-price elasticity of demand and the income elasticity of demand, and understand how they are calculated and what their main determinants are. Use price elasticity and income elasticity to analyze economic issues. Define the price elasticity of supply, and understand how it is calculated and what its main determinants are. ;Elasticity: The Responsiveness of Demand and Supply;The Price Elasticity of Demand and Its Measurement;The Price Elasticity of Demand and Its Measurement; ;The Price Elasticity of Demand and Its Measurement;The Price Elasticity of Demand and Its Measurement;The Price Elasticity of Demand and Its Measurement;What Determines the Price Elasticity of Demand for a Product?;The Price Elasticity of Demand for Breakfast Cereal;The Relationship Between Price Elasticity and Total Revenue;The Relationship Between Price Elasticity and Total Revenue;The Relationship Between Price Elasticity and Total Revenue;Determining the Price Elasticity of Demand for DVDs by Market Experiment;Other Demand Elasticities;Other Demand Elasticities;Price Elasticity, Cross-Price Elasticity, and Income Elasticity in the Market for Alcoholic Beverages;Using Elasticity to Analyze the Disappearing Family Farm; ;The Price Elasticity of Supply;Why Are Oil Prices So Unstable?;The Price Elasticity of Supply;The Price Elasticity of Supply;The Price Elasticity of Supply;;Cross-price elasticity of demand Elastic demand Elasticity Income elasticity of demand Inelastic demand Perfectly elastic demand