Ec4004 2008 Lecture 4

Loading...

Flash Player 9 (or above) is needed to view presentations.
We have detected that you do not have it on your computer. To install it, go here.

1 comments

Comments 1 - 1 of 1 previous next Post a comment

  • + guest014a6e guest014a6e 2 years ago
    can u please put notes on public folder because its impossible to download them or print them
Post a comment
Embed Video
Edit your comment Cancel

Notes on slide 1

Favorites, Groups & Events

Ec4004 2008 Lecture 4 - Presentation Transcript

  1. Elasticity & Market Demand Dr. Stephen Kinsella EC4004 Lecture 4
  2. Demand Functions Market Demand Income & Substitution Effects Elasticity Consumer Surplus
  4. Market demand: The total quantity of a good or service demanded by all potential buyers.
  5. 1.
  6. Market demand: The total quantity of a good or service demanded by all potential buyers. Market demand curve shows the relationship between the total quantity demanded of a single good or service and its price, holding all other factors constant.
  7. PX P* X 0 X* 1 (a) Individual 1

+ Stephen KinsellaStephen Kinsella, 2 years ago

custom

539 views, 0 favs, 0 embeds more stats

More info about this document

© All Rights Reserved

Go to text version

  • Total Views 539
    • 539 on SlideShare
    • 0 from embeds
  • Comments 1
  • Favorites 0
  • Downloads 90
Most viewed embeds

more

All embeds

less

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate. If needed, use the feedback form to let us know more details.

Cancel
File a copyright complaint
Having problems? Go to our helpdesk?

Categories

Tags

-->
What's New

© 2009 SlideShare Inc. All rights reserved.