MB0042 Economics
MB0042 Managerial Economics
Principle of supply
Microeconomics study guide
Copyright 2008 The McGraw-Hill Companies 25-1 Significance of Resource Pricing Marginal Productivity Theory of Resource Demand MRP as Resource Demand Market.
Jeopardy Simultaneous CeilingsFloorsElasticity Miscellaneous Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200 Q $300 Q $400 Q $500 Final Jeopardy.
Elasticity 04 McGraw-Hill/Irwin Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved.
Elasticity of Demand
1 Determinants of Elasticity 1.Availability of substitutes 2.Necessities vs. Luxuries 3.Importance in the Buyers Budget 4.Time Horizon The demand is more.
Elasticity, Total Revenue and Surplus. Quick Check 1 Items that are necessities are considered to be _____________ inelastic.
Elasticity 6 McGraw-Hill/IrwinCopyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved.