The Consumers' Side: Demand: Part 2

Duration: 0:33:00

Creator: Indiana University Audio-Visual Center | National Educational Television

Format: 16mm

Color: B&W

Sound: sound

Description: Extends the study of the demand curve and develops, in relative detail, the concept of elasticity of demand. The importance of this concept is that it provides a simple measure of the degree of responsiveness of consumers to price changes.

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Original permalink · Record added: 2024-04-20 22:15:06