Table of contentsThe 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
Elasticity
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 Sezâ€¦.
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
CrossPrice Elasticity of Demand

Author: James Luke Email: lukej@lcc.edu 