Other Elasticity Concepts How much of a shift?. Other Elasticity Concepts Other elasticities can be useful in specifying the effects of a shift factor.
1 ECON649/ECON991 Lecture 1. 2 Overview Administration and Introductory Comments The Economic Problem The Price Mechanism.
Describing Supply and Demand: Elasticites 7 Describing Supply and Demand: Elasticities The master economist must understand symbols and speak in words.
© 2006 McGraw-Hill Ryerson Limited. All rights reserved.1 Chapter 5: Describing Demand and Supply: Elasticities Prepared by: Kevin Richter, Douglas College.
