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The tool of politics (which frequently becomes its objective) is to extract resources from the general taxpayer with minimum offense. -- James R. Schlesinger, Economist and Former Sec. Defense & Energy in Journal of Law and Economics, Oct.1968
Price Elasticity of Demand
Slide 4
Slide 5
Slide 6
Demand Curves with Constant Price Elasticity
Price Elasticity of Demand: What do you think?
Price Elasticity of Demand: Survey Sez….
Total Revenue = P x Q
Elasticity and Total Revenue
Price & Sales Effects Work Opposite Each Other
Elasticity and Total Revenue
Elasticity, Total Revenue, Taxes
PowerPoint Presentation
Price Elasticity of Supply
Income Elasticity of Demand
Income Elasticities of Demand
Cross-Price Elasticity of Demand

Author: James Luke