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Elasticity Flashcards | StudBud
Elasticity
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Price elasticity of supply equation:
A
%ΔQD ÷ %Δ Price
B
%ΔQs ÷ %ΔPrice
C
%ΔQD Good A ÷ %Δ Price Good B
D
%Δ QD Good ÷ %Δ Income
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