Analysis the Price Elasticities of Demand in the Real World - Syndicate 2 EMBA 70
2Case:
Price Elasticities of Demand in the Real World
Course:
Economic and Business Landscape Analysis
Group:
Syndicate 2 of EMBA 70 ITB
Summary:
To start, let's define what it means by price elasticity of demand. This concept measures the responsiveness of the quantity demanded of a good to a change in its price. It is an essential indicator in economics, showing how sensitive consumers are to price fluctuations of different commodities.
In this case study, this presentation will explore the estimated absolute values of short-run and long-run price elasticity of demand for selected commodities in the United States and other countries. By understanding these values, we can gain insights into consumer behavior and make informed decisions in business and policy-making.
Other Videos By rifky widian
| 2024-07-21 | Analysis the Price Elasticities of Demand in the Real World - Syndicate 2 EMBA 70 |
| 2024-07-21 | Analysis of Rent Control Harms The Housing Market Case - Syndicate 2 EMBA 70 |
| 2014-01-31 | First Timers, a kerbal space program short animation |
| 2012-03-25 | Goodbye High School - hingga semua tercipta & the KKK took my baby away (ramones cover) |