This video lesson explains why we calculate percent changes in a strange way when calculating elasticities. This resource is designed as a review for the AP Microeconomics Test or a college-level microeconomics course.

Walk through the logic of determining what kind of good has the most elastic demand in this video. This resource is designed as a review for the AP Microeconomics Test or a college-level microeconomics course.

This video lesson provides a case of price elasticity of demand, s demand curve with a constant unit elasticity. Explore what such a demand curve would look like in this video.