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Friday, March 7, 2025

Elasticity of Demand 📉

🎯 Learning Targets
  • Define demand elasticity
  • Describe the difference between elastic and inelastic demand
  • Explain how demand elasticity is measured
⏰ What We Did
  • Used instructional notes from Lesson 3, Part 3: Elasticity of Demand, to calculate and examine the elasticity of demand
⚙️ Resources