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Lecture Macroeconomics (19/e) - Chapter 4: Elasticity

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Lecture Macroeconomics (19/e) - Chapter 4: Elasticity

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In this chapter you will learn: Discuss price elasticity of demand and how it can be applied, explain the usefulness of the total revenue test for price elasticity of demand, describe price elasticity of supply and how it can be applied, apply cross elasticity of demand and income elasticity of demand.

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