Mind map
Elasticity Chart
Map content
Elasticity Chart
Elasticity
- Elastic ( >1.2)
- Inelastic ( < .08)
- Unitary Elastic ( about 1)
- Price Elasticity of Demand
- Measures the responsiveness of changes in QD in price
- inelastic
- elastic
Information
- Description
- 11th grade Economics (Unit 3: Price System and the Laws of Supply and Demand) Mind Map on Elasticity Chart, created by Aaliyah Anderson on 30/10/2022.
- Created by
- Aaliyah Anderson
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