Elasticity Interactive Technical Note MK2/101-M
1
Elasticity is an interactive technical note whose purpose is to enable students to understand the
importance of correctly pricing a product, and how this can be one of the key factors in a company’s...
More
Elasticity Interactive Technical Note MK2/101-M
1
Elasticity is an interactive technical note whose purpose is to enable students to understand the
importance of correctly pricing a product, and how this can be one of the key factors in a company’s
success.
For this analysis different tools are available such as the study of the price elasticity of
demand.
The student will work through
different cases of price
elasticity :
elasticity = 0
• elasticity < 0
• elasticity > 0
• elasticity =
• elasticity =(+)
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