.pf{position:relative;background-color:#fff;overflow:hidden;margin:0;border:0}.pc{position:absolute;border:0;padding:0;margin:0;top:0;left:0;width:100%;height:100%;overflow:hidden;display:block;transform-origin:0 0;-ms-transform-origin:0 0;-webkit-transform-origin:0 0}.bi{position:absolute;border:0;margin:0}.c{position:absolute;border:0;padding:0;margin:0;overflow:hidden;display:block}.t{position:absolute;white-space:pre;font-size:1px;transform-origin:0 100%;-ms-transform-origin:0 100%;-webkit-transform-origin:0 100%;unicode-bidi:bidi-override;-moz-font-feature-settings:"liga" 0}.t:after{content:''}.t:before{content:'';display:inline-block}.t span{position:relative;unicode-bidi:bidi-override}._{display:inline-block;color:transparent;z-index:-1}.pi{display:none}@media screen{.pf{margin:13px auto;box-shadow:1px 1px 3px 1px #333;border-collapse:separate}}.ff1{font-family:ff1;line-height:.98291;font-style:normal;font-weight:400;visibility:visible}.ff2{font-family:ff2;line-height:.937012;font-style:normal;font-weight:400;visibility:visible}.ff3{font-family:ff3;line-height:.98291;font-style:normal;font-weight:400;visibility:visible}.ff4{font-family:ff4;line-height:1.432;font-style:normal;font-weight:400;visibility:visible}.ff5{font-family:ff5;line-height:1.432;font-style:normal;font-weight:400;visibility:visible}.ff6{font-family:ff6;line-height:.941406;font-style:normal;font-weight:400;visibility:visible}.ff7{font-family:ff7;line-height:1.336;font-style:normal;font-weight:400;visibility:visible}.ff8{font-family:ff8;line-height:.952148;font-style:normal;font-weight:400;visibility:visible}.m0{transform:matrix(.320260,0,0,.320260,0,0);-ms-transform:matrix(.320260,0,0,.320260,0,0);-webkit-transform:matrix(.320260,0,0,.320260,0,0)}.ls3{letter-spacing:-.096090px}.ls2{letter-spacing:0}.ls1{letter-spacing:.096090px}.ls0{letter-spacing:.192181px}.sc0{text-shadow:-.015em 0 transparent,0 .015em transparent,.015em 0 transparent,0 -.015em transparent}@media screen and (-webkit-min-device-pixel-ratio:0){.sc0{-webkit-text-stroke:.015em transparent;text-shadow:none}}.ws3{word-spacing:-48.045131px}.ws1{word-spacing:-10.8582px}.ws5{word-spacing:-9.555216px}.ws2{word-spacing:-8.14365px}.ws4{word-spacing:-6.840666px}.ws0{word-spacing:-.048045px}.ws6{word-spacing:0}._0{margin-left:-1.024963px}.fc1{color:#222}.fc2{color:red}.fc0{color:#000}.fs2{font-size:30.268432px}.fs1{font-size:36.033848px}.fs3{font-size:42.279715px}.fs0{font-size:48.045131px}.y2c{bottom:-389.992509px}.y2b{bottom:-371.225556px}.y2a{bottom:-352.453475px}.y29{bottom:-333.681393px}.y28{bottom:-314.909311px}.y27{bottom:-295.98336px}.y26{bottom:-277.211278px}.y25{bottom:-258.439196px}.y24{bottom:-239.628647px}.y23{bottom:-220.856565px}.y22{bottom:-202.084483px}.y21{bottom:-183.312401px}.y20{bottom:-164.540319px}.y1f{bottom:-145.768237px}.y1e{bottom:-126.996156px}.y1d{bottom:-107.608596px}.y1c{bottom:-88.836514px}.y1b{bottom:-69.295084px}.y1a{bottom:-50.523003px}.y19{bottom:-31.135443px}.y18{bottom:-12.337716px}.y0{bottom:0}.y15{bottom:4.154477px}.y14{bottom:22.926559px}.y17{bottom:41.698641px}.y12{bottom:102.295079px}.y11{bottom:121.067161px}.y10{bottom:139.839243px}.yf{bottom:158.611325px}.ye{bottom:177.383406px}.yd{bottom:196.193956px}.yc{bottom:214.966037px}.yb{bottom:233.891989px}.ya{bottom:251.740853px}.y9{bottom:269.435849px}.y8{bottom:288.054061px}.y7{bottom:306.826143px}.y6{bottom:325.598225px}.y5{bottom:344.370306px}.y4{bottom:363.142388px}.y3{bottom:381.91447px}.y2{bottom:400.712197px}.y1{bottom:507.293741px}.y16{bottom:510.189108px}.y13{bottom:567.274701px}.hb{height:-74.218909px}.ha{height:-35.905398px}.h9{height:2.285018px}.h4{height:36.479579px}.h7{height:37.230284px}.h6{height:37.544164px}.h3{height:38.661316px}.h5{height:55.15581px}.h8{height:56.316246px}.h2{height:507.295022px}.h1{height:885.199722px}.h0{height:1014.588763px}.w2{width:119.248881px}.w3{width:119.279654px}.w1{width:783.997438px}.w0{width:784px}.x0{left:0}.x2{left:6.61639px}.x1{left:91.984743px}.x3{left:212.459451px}.x7{left:276.815379px}.x4{left:332.516146px}.x5{left:452.406150px}.x6{left:572.270508px}

ECON 1B03 Lecture Notes - Lecture 5: Lead

Canada

Introductory Microeconomics

Economics

Hannah Holmes

McMaster University

Engineering Profession and Practice

ECON 1B03 Lecture Notes - Lecture 5: Economic Equilibrium, Demand Curve, Inferior Good

ECON 1B03 Study Guide - Midterm Guide: Demand Curve

ECON 1B03 Lecture Notes - Lecture 5: Demand Response, Inferior Good, Normal Good

ECON 1B03 Lecture Notes - Lecture 4: Potash, Comparative Advantage, Opportunity Cost

ECON 1B03 Lecture Notes - Lecture 6: Demand Curve, Inferior Good, Normal Good

Income elasticity of demand: measures how much quantity demanded of a good responds to a change in consumers income. It"s computed as % change in quant

ECON 1B03 Lecture Notes - Lecture 5: Lead

ECON 1B03 Lecture Notes - Lecture 4: Potash, Comparative Advantage, Opportunity Cost

ECON 1B03 Lecture Notes - Lecture 5: Lead

ECON 1B03 Lecture Notes - Lecture 6: Demand Curve, Inferior Good, Normal Good

Get access

Related Documents

ECON 1B03 Lecture Notes - Lecture 5: Economic Equilibrium, Demand Curve, Inferior Good

ECON 1B03 Study Guide - Midterm Guide: Demand Curve

ECON 1B03 Lecture Notes - Lecture 5: Demand Response, Inferior Good, Normal Good