ECONOMICS: ELASTICITY OF DEMAND (LESSON 1 of 2)

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[@marianasmah-mu4mz]

Understandable..... lesson 2 please

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6 minutes into the video and the understanding is flowing

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Great lesson.. lesson 2?

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Much Love from an economics student from Uganda

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[@NagawaSheilaAnn]

I have a question.... About calculation .... It says ...
Assuming when the price of a commodity x increased from sh.600 to sh.700 quantity demanded increased by 20percent . Calculate the price elasticity of demand

[@AluBwariyake]

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[@ChristabelAgalaba]

Excuse me sir, I don't understand what you meant by price remaining constant in elasticity of demand whereas quantity demanded changes i thought it is the other way round that price changes is actually what brings about changes of quantity demanded of commodities.

[@desmondboatey]

sir please with the second example you gave for perfectly elastic demand. The quantity of salt, i think it can be bought and stored.

[@BabiryeJulian-t5v]

How do you find the perfect elastic demand

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[@twycetinka]

Please sir when are you posting the next part.

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[@Joy-io3up]

Thank you Sir❤️

[@stevkonstutorials]

Most welcome

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I would like to know how can I do my assignment

[@nakasliviey2113]

Thank you very much I understand elasticity of demand but where other topics and kindly I need to download the book were can I find it

[@charityIddrisu]

Lesson 2

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Where is part 2

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