Price Elasticity: From Tires to Toothpicks

Learners define price elasticity of demand, and examine the factors that determine whether the price elasticity of demand is elastic or inelastic. They compare/contrast the elasticities of various goods and calculate the price elasticity of a product.

9th - 12th Social Studies & History 31 Views 68 Downloads
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Social Studies & History
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Lesson Plans

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