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Elasticity - Coggle Diagram
Elasticity
Elasticity of Demand
Price Elasticity of Demand
Determinants
Availability of Close Substitutes
Necessities versus Luxuries
Definition of the Market
Time Horizon
Midpoint Method
Demand Curves
Perfectly Inelastic Demand
Inelastic Demand
Unit Elastic Demand
Elastic Demand
Perfectly Elastic Demand
Other Demand Elasticities
Income Elasticity of Demand
Cross-Price Elasticity of Demand
Applications
Increase in Supply in the Market for Wheat
Reduction in Supply in the World Market for Oil
Drug Interdiction and Drug Education
Elasticity of Supply
Price Elasticity of Supply
Supply Curves
Perfectly Inelastic
Inelastic
Unit Elastic
Elastic
Pefectly Elastic