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\nIntroduction to Elasticity in Economics\n

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\nThis video introduces the concept of elasticity and its importance in economics. The video also discusses the significance of proportionate changes in variables and how initial values impact the calculation of elasticity. The elasticity...\nThis video introduces the concept of elasticity and its importance in economics. The video also discusses the significance of proportionate changes in variables and how initial values impact the calculation of elasticity. The elasticity formula and its different mathematical forms are explained in detail, and the importance of understanding elasticity is emphasized.\n
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Resource Details

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Curator Rating
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Educator Rating
Not yet Rated
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Media Length
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11:10
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Grade
12th - Higher Ed
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Subjects
Social Studies & History
3 more...
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Media Type
Instructional Videos
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Source:
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\nKnowMo Economics\n\n
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Date
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2018
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Language
English
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Audiences
For Teacher Use
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Usage Permissions
Fine Print: Educational Use
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Additional Materials

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Concepts

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economics, elasticity, demand curve, price elasticity, demand, matter, delta
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Additional Tags

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a-level, lectures, micro, 3.1a, introduction, to, downward sloping, lot smaller, chocolate bar, quantity demanded, pound makes, pd measures, general concept, top variable, bottom variable, qd divided, proportionate change, elasticity measures, elasticity formula, measures, concept, variable, divided, initial, change, formula, good, original, price, goods
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Classroom Considerations

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Best For: Explaining a topic
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Educator Ratings

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\n\nShow resource details\n
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\n\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" aria-label=\"Play video: Introduction to Elasticity in Economics\" href=\"/subscription/new\">\"Introduction\n\n
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