• In this session, the chapter Price Elasticity of Demand has been explained. The chapter consists of

  • Definition of Price Elasticity of Demand
  • Calculation of Price Elasticity of Demand
  • Interpreting demand curve diagrams and price elasticity of demand
  • Determinants of Price Elasticity of Demand
  • The relationship between Price Elasticity of Demand and Revenue
  • The significance of Price Elasticity of Demand for decision makers.

  The notes have been uploaded in the exercise section.

   

• Session 11: Price Elasticity of Demand

  • Price Elasticity of Demand
    • Explanation 22 mins
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  • Price Elasticity of Demand
    • Notes

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