What is an elasticity? 1:00
Price elasticity of demand 6:55
What determines how elastic demand is? 8:53
Calculating the percent change in something 23:01
The midpoint method 25:28
Calculating the price elasticity of demand 27:51
- Example 1 29:28
- Example 2 32:51
Interpretation of price elasticity of demand - what does the number mean? 44:40
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