Daily Cost Control Using P6 and PCM
Elasticity of Demand
Designing Goods and Services and Process Selection Chapter 3.
Copyright © 2006 Thomson Learning 5 Elasticity and Its Applications.
1 Elasticity of Demand Responsiveness of demand to - Change in price (E p ) - Change in income (E y ) - Change in price of a related commodity (E c ) -
1 Elasticity and its Application Chapter 5 2 Price Elasticity Sensitivity of quantity demanded (or supplied) to a change in price.
1 Further Topics in Supply and Demand Chapters 5 & 7.
