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Price Elasticity of Demand A measure of the responsiveness or sensitivity of quantity demanded to changes in the Price of a product. When Q D is relatively
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Copyright 2008 The McGraw-Hill Companies 18 Extensions of Demand and Supply Analysis
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We are going to have a quiz over demand next class so let’s review. GET A WHITEBOARD AND A DRY ERASE MAKER SO WE CAN PRACTICE
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Economics 111.3 Winter 14 February 3 rd, 2014 Lecture 10 Ch. 4 Ch. 6 (up to p. 138)
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Click to begin. Click here for Final Jeopardy Basic Economic Concepts Supply and Demand Imperfect Competition Resource Market Failures 10 Point 20 Points
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