Elasticity question --

CFA Level I Economics

G11 June 29, 2024, 12:24am #1

Could anyone please explain this?

S2000magician June 29, 2024, 1:11am #2

P = price
TR = total revenue
↑ = up
→ = implies
↓ = down
= up or down

2 Likes

G11 June 29, 2024, 11:05am #3

thank you so much!

S2000magician June 29, 2024, 5:10pm #4

My pleasure.