WASSCE Economics · Markets, Demand & Supply
Elasticity of Demand and Supply
Price, income, and cross elasticity — how to calculate them and what they mean for producers and government.
- lessons
- 2
- of study
- 15 min
- free to read
- 1
Across the topic: 9 sections · 5 worked examples · 2 diagrams
Topic content
Lessons in this topic
2 lessons · 15 min
- 1Price elasticity of demand7 minFree7 minFree
- 2Income, cross and supply elasticity; uses of elasticity8 min Plan8 min Plan
- Income elasticity of demand
- Cross elasticity of demand
- Price elasticity of supply
- Uses of elasticity
3 worked examples · 1 diagram
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