Mind map
ELASTICITY
Map content
ELASTICITY
Demand
- % change in quantity demanded / % change in price
VALUES
- > 1
- Elastic
- < 1
- Inelastic
- Infinite
- Perfectly elastic
- 0
- Perfectly inelastic
- 1
- Unitary
- > 1
Income
- Demand
- % change in quantity demanded / % change in income
- Demand
Supply
- % Change in quantity supplied / % change in price
Information
- Description
- Mind Map on ELASTICITY, created by Zinah Alshamari on 07/01/2019.
- Created by
- Zinah Alshamari
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- Rating