Friday, November 2, 2018

Friday November 2

Pop Quiz on Elasticities - Monday

Review Concepts
  • Price Elasticity of Supply
    • Definition
    • Formula
    • Possible Changes in Values
    • Diagrams illustrating the range of values of elasticity
    • Determinants of price elasticity of Supply
Textbook Pages 56 - 60

Power Point - Price Elasticity of Supply


Mr. Clifford Video - Elasticity Practice
      - This video is a good review for elasticity.  To get information on each go the time in the video.
      - Price Elasticity of Demand 1:48 - 5:40
      - Price Elasticity of Supply 5:40 - 7:36
      - Cross Elasticity of Demand 7:36 - 11:20
      - Income Elasticity of Demand 11:20 - 13:10


Homework: Complete the essay for Monday

Price Elasticity of Supply Handout

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