微观经济学教学课件：Ch04-Elasticity.pptVIP

After studying this chapter you will be able to Define, calculate, and explain the factors that influence the price elasticity of demand Define, calculate, and explain the factors that influence the cross elasticity of demand and the income elasticity of demand Define, calculate, and explain the factors that influence the elasticity of supply When Prices Tumble, Does Revenue Grow? The personal computer industry is operating in fiercely competitive conditions. The prices of notebook have fallen to less than $1,000. The prices of desktops have fallen to less than $500. How did the revenues of co