elasticities
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micro term 1
Last updated 2:21 PM on 11/19/25
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4 Terms
1
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PED definition
sensitivity of demand
to changes in price
2
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XED definition
sensitivity of demand of good A to changes in price of good B
3
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YED definition
sensitivity of demand to changes in income
4
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PES
sensitivity of price to supply?
Note 
Flashcards (20)