This document discusses the concept of elasticity in economics. It defines three types of elasticity - price elasticity of demand, income elasticity of demand, and cross elasticity of demand. Formulas are provided for calculating each type. The degrees of elasticity are also explained, including perfectly elastic demand, unitary elastic demand, perfectly inelastic demand, and relatively elastic/inelastic demand. Finally, several methods for measuring price elasticity are outlined, including the total expenditure method, geometrical/point elasticity method, and arc method.
Price Elasticity of Demand, Degrees of Elasticity, Factors determining Elasticity of Demand, Measurement of Price Elasticity, Importance of Elasticity of Demand
Price Elasticity of Demand, Degrees of Elasticity, Factors determining Elasticity of Demand, Measurement of Price Elasticity, Importance of Elasticity of Demand
Price elasticity of supply measures the responsiveness to the supply of a good or service after a change in its market price. According to basic economic theory, the supply of a good will increase when its price rises. Conversely, the supply of a good will decrease when its price decreases.
Economics, Law of Demand, Determinants of Demand, increase and Decrease in Demand, Extension and Contraction in Demand, Exception of Demand, Assumptions of Demand
Its is the power point presentation on the topic demand. it includes various topics like definition of demand, factors affecting demand, law of demand, demand function, expansion-contraction,increase-decrease, price elasticity, income elasticity and cross elasticity. And it is most useful to the students who want to learn the concept of demand.
The cross-price elasticity of demand is the degree of responsiveness of quantity demanded of a commodity due to the change in price of another commodity.
Price elasticity of supply measures the responsiveness to the supply of a good or service after a change in its market price. According to basic economic theory, the supply of a good will increase when its price rises. Conversely, the supply of a good will decrease when its price decreases.
Economics, Law of Demand, Determinants of Demand, increase and Decrease in Demand, Extension and Contraction in Demand, Exception of Demand, Assumptions of Demand
Its is the power point presentation on the topic demand. it includes various topics like definition of demand, factors affecting demand, law of demand, demand function, expansion-contraction,increase-decrease, price elasticity, income elasticity and cross elasticity. And it is most useful to the students who want to learn the concept of demand.
The cross-price elasticity of demand is the degree of responsiveness of quantity demanded of a commodity due to the change in price of another commodity.
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
Latino Buying Power - May 2024 Presentation for Latino CaucusDanay Escanaverino
Unlock the potential of Latino Buying Power with this in-depth SlideShare presentation. Explore how the Latino consumer market is transforming the American economy, driven by their significant buying power, entrepreneurial contributions, and growing influence across various sectors.
**Key Sections Covered:**
1. **Economic Impact:** Understand the profound economic impact of Latino consumers on the U.S. economy. Discover how their increasing purchasing power is fueling growth in key industries and contributing to national economic prosperity.
2. **Buying Power:** Dive into detailed analyses of Latino buying power, including its growth trends, key drivers, and projections for the future. Learn how this influential group’s spending habits are shaping market dynamics and creating opportunities for businesses.
3. **Entrepreneurial Contributions:** Explore the entrepreneurial spirit within the Latino community. Examine how Latino-owned businesses are thriving and contributing to job creation, innovation, and economic diversification.
4. **Workforce Statistics:** Gain insights into the role of Latino workers in the American labor market. Review statistics on employment rates, occupational distribution, and the economic contributions of Latino professionals across various industries.
5. **Media Consumption:** Understand the media consumption habits of Latino audiences. Discover their preferences for digital platforms, television, radio, and social media. Learn how these consumption patterns are influencing advertising strategies and media content.
6. **Education:** Examine the educational achievements and challenges within the Latino community. Review statistics on enrollment, graduation rates, and fields of study. Understand the implications of education on economic mobility and workforce readiness.
7. **Home Ownership:** Explore trends in Latino home ownership. Understand the factors driving home buying decisions, the challenges faced by Latino homeowners, and the impact of home ownership on community stability and economic growth.
This SlideShare provides valuable insights for marketers, business owners, policymakers, and anyone interested in the economic influence of the Latino community. By understanding the various facets of Latino buying power, you can effectively engage with this dynamic and growing market segment.
Equip yourself with the knowledge to leverage Latino buying power, tap into their entrepreneurial spirit, and connect with their unique cultural and consumer preferences. Drive your business success by embracing the economic potential of Latino consumers.
**Keywords:** Latino buying power, economic impact, entrepreneurial contributions, workforce statistics, media consumption, education, home ownership, Latino market, Hispanic buying power, Latino purchasing power.
how can I sell my pi coins for cash in a pi APPDOT TECH
You can't sell your pi coins in the pi network app. because it is not listed yet on any exchange.
The only way you can sell is by trading your pi coins with an investor (a person looking forward to hold massive amounts of pi coins before mainnet launch) .
You don't need to meet the investor directly all the trades are done with a pi vendor/merchant (a person that buys the pi coins from miners and resell it to investors)
I Will leave The telegram contact of my personal pi vendor, if you are finding a legitimate one.
@Pi_vendor_247
#pi network
#pi coins
#money
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
3. › Elasticity is something which is totally concerned
with compressibility and expandability. But is
ECONOMICS it is an essential thing which
indicates the sensitivity of PRICE movement,
and its effect on DEMAND.
Elasticity In Economics
4. › The concept of elasticity of demand plays a
crucial role in the pricing decisions of the
business firms and the Government when it
regulates prices. The concept of elasticity is also
important in judging the effect of devaluation of a
currency on its export earnings.
Importance of Elasticity:
5. How it is important in International Trade?
How it is important in Taxation Policy?
How it works in decision making?
HOW?
6. o Type 1 : price elasticity of demand
o Type2 : income elasticity of demand
o Type 3 : cross elasticity of demand
7. › The ratio of proportionate change in quantity
demanded of a good caused by a given
proportionate change in a price.
o Price Elasticity of Demand:
Formula for Calculation:
% Change in quantity demanded
% Change in Price
8. › Ratio of a percent change in quantity of a good
purchased per unit of time to a percentage
change in a income of a consumer.
o Income Elasticity of Demand:
Formula for Calculation:
% Change in quantity demanded
% Change in Income
9. › It is defined as the change in a demand of one
good as a result the percentage change in a
price of another good.
o Cross Elasticity of Demand:
Formula for Calculation:
% Change in quantity demanded of a good x
% Change in price of a good y
10. › We have stated demand for a product is
sensitive or responsive to price exchange. The
variation in demand is however not uniform with
a change in price incase of some products a
small change in price leads to a relatively larger
change in quantity demanded .
o Degrees Elasticity of Demand:
11. o Types of elasticity of demand
o Perfectly Elastic Demand
o Unitary Elastic Demand
o Perfectly Inelastic Demand
o Relatively Inelastic Demand
o Relatively Elastic Demand
12. When a small change in price of a product causes a major
change in its demand, it is said to Perfectly elastic
demand. In perfectly elastic demand, an unnoticeable
change in price can lead its demand to zero, whereas a
small fall in price can increase the demand to infinity.
o Perfectly Elastic Demand:
13. When the percentage change in demand for commodity is
more than the percentage change in price, the demand is
said to be Relatively elastic demand. In this case,
demand is inversely proportional to the price, a little
increament in the price can cause a huge decline in
demand. On other hand decreasing the price can cause a
great rise in demand.
o Relatively Elastic Demand:
14. When the proportionate change in price is equal to the
proportionate change in demand, the demand for that
particular commodity is reffered as Unitary Elastic. In such
case the demand is inveresly proportional to the price.
o Unitary Elastic Demand:
15. The quantity demanded or supplied is unaffected by any
change in price or the quantity is essentially fixed. It does
not matter how much price changes, quantity does not
fluctuates.
o Perfectly Inelastic Demand:
16. The percentage change in demand less than the
percentage change in price. Sir Marshal has termed
relatively inelastic demands elasticity is less than unitary.
o Relatively Inelastic Demand:
17. › Elasticity is the measure of variables sensitively
to a change in another variable. In economics,
elasticity refers the degree to which the
individual’s change their demand/amount
supplied in response to price or income
changers.
Supply is the fundamental economic concept that
describes the total amount of a specific good or
service that is available to consumers
o Meaning of Elasticity:
o Meaning of Supply:
18. Supply of a good or service that increases or
decreases as the price of an item goes up or
down
Supply of a good or service makes a little change as
the price of that item increases or decreases.
o Elastic Supply:
o Inelastic Supply:
19. › The price elasticity can be measured by noting
the changes in total expenditure brought about
by changes in price and quantity demanded
Where,
Ed= Elasticity of Demand
∆Exp= Change in expenditure
X= Initial Demand
∆P= Change in price
o Total expenditure method :
20. o There are three Possibilities:
1. More elastic demand
2. unitary elastic demand
3. less elastic demand
24. The price elasticity of demand can also be
measured at any point on the demand curve. If the
demand curve is linear (straight line) it has a unitary
elasticity at the mid point. The total revenue is
maximum at this point.
Geometrical method or point elasticity
method:
Along a Linear Curve:
27. › Normally the elasticity varies along the length of
the demand curve if we are to measure elasticity
between any two point on the demand curve
then the arc elasticity method will be used.
Ed = Q * P1+P2
P Q1+Q2
Arc method :
28. Closeness of substitute
Proportion of income spend on the
goods
Time elapsed since price change
29. For Further Details:
Raza Abdullah Naich
Email: razzaabdullah@gmial.com
Fb: www.facebook.com/ali.razza.31
Website: www.penplanters.blogspot.com