Khan Academy: Price Elasticity: More on Total Revenue and Elasticity

Are you ready to look a bit deeper at why elasticity changes despite having a linear demand curve? This video explains how the quantity of demand of good or service changes when it price changes. [6:00]

Examines how total revenue and elasticity are related. [11:31]

Provides an introduction to the price elasticity of demand. [13:17]

An explanation of how the elasticity of supply works.

Discover what a demand curve with constant unit elasticity would look like. [4:37]

Video lecture explores the price of one good effecting quantity demanded of another. [11:20]

Looking more closely at the definition of Nash Equilibrium with more examples. This video lecture will help you understand how to identify situations that are in Nash Equilibrium. [6:30]

Practice what you have learned about total utility, marginal utility, total revenue, and costs in this four-question exercise.

A video [7:04] explaining how price elasticity relates to demand changes in response to income elasticity.

Students will learn about the importance of knowing the cost of living when considering a move to a new city. Content brought to you by our partner, Better Money Habits.