elasticity Flashcards by Natalie Gilbert | Brainscape

Q

price elasticity of demand=

A

% change in qty demanded/% change in price

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

if E>1 demand is

A

elastic

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

if E<1 demand is

A

inelastic

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

put slides with breakeven stuf on here

A

tru

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

what are the advantages of a distribution center?

A

reading

How well did you know this?

1

Not at all

2

3

4

5

Perfectly