Constant Elasticity of Demand
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- Опубліковано 17 гру 2024
- This video examines the constant elasticity of demand. It uses calculus for the benefit of those who need to prove the result that the price elasticity of demand does not change along this nonlinear demand curve. See my other two videos on elasticity of demand.
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I was struggling with homework problem similar to this one. Your explanation helped me a lot to solve the problem! Thank you so much! :)
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Saved me! Couldn't for the life of me figure this out tried to substitute Q into the maximizing function derive it and try to get the lerners index (inverse elasticity) from there. Biggest dead end in the word. That's one question ill for sure know on my test tomm!
Thank you so much.... God bless you ☺️
Thanks for the solution.You made my day.
BRILLIANT!!
It is 2022 and you save my exam
If there are two P in the function , like P1 and P2 ?
very helpful bro thank you
Thanks
THANK YOU!!!!
Thank you so much
Thank you so much