PRICE ELASTICITY OF DEMAND

Post on 11-Jan-2017

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Transcript of PRICE ELASTICITY OF DEMAND

%∆Qd = Q2-Q1 Q2+Q1 2

x 100

ɛd = %∆Qd        %∆P

%∆P = P2-P1 P2+P1

2x 100

Kung saan:

ɛd price elasticity of demand%ΔQd bahagdan ng pagbabago sa Qd%ΔP bahagdan sa pagbabago sa presyo

Kung saan ang: Q1 naunang dami ng demand P1 dating presyo Q2 bagong dami ng demand P2 bagong presyo

Elastic Demand Unitary Elastic Demand

Inelastic Demand

Perfectly Elastic Demand Perfectly Inelastic Demand