Economics 1021A/B Lecture Notes - Lecture 10: Economic Equilibrium, Longrun
30 views2 pages
Verified Note
10 Oct 2019
School
Department
Course
Professor
ECON 1021A/B verified notes
10/25View all
Get access
Grade+20% off
$8 USD/m$10 USD/m
Billed $96 USD annually
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
40 Verified Answers
Class+
$8 USD/m
Billed $96 USD annually
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
30 Verified Answers
Related Documents
Related Questions
Match the following terms with their proper definitions. |
Potential Matches: |
1 : measures the responsiveness of the quantity supplied of a good to changes in the price of that good |
2 : a formula that measures the responsiveness along a specific section (arc) of a supply or demand curve and measures the "average" price elasticity between two points on the curve. |
3 : measures the responsiveness of the quantity supplied of a good to changes in the price of the related good |
Answer |
: Own-Price Elasticity of Supply |
: Cross-Price Elasticity of Supply |
: Arc Elasticity |