Economics | Inelastic and Elastic Demand - A Brief Rundown L4L

67 Views

  • Thanks! Share it with your friends!

    You disliked this video. Thanks for the feedback!

admin
Published
What is price elasticity? What does it mean if something is price elastic or price in elastic, and does this have something to do with elastic bands? Well yes, and like an elastic band, the more elastic demand is, the more sensitive customers are in changes in price. Watch more to learn more!

Whether you are learning something new, or just doing extra revision, here is a simple video explaining some essentials you need to know.

***

It's time for the paradigm shift in learning between educators and learners. It is content like this which is essential in being the catalyst to develop effective, motivated, self-directed learners to become the new doers in society.

***

GET READY TO LEARN SOMETHING USEFUL!
Quick tidbits to help you learn for a brighter future!
#L4L | Learn 4 Life

Subscribe for more videos to help you learn more uploaded regularly.


If you liked this video (as well as any of my other stuff) and it helped you out, feel free to please spread the love. You can drop by Patreon page and support me doing what I do, which is help you do what you do. We all help each other out. Many thanks in advance!


Follow me on
- Instagram
- TikTok
- Facebook
- Twitter

@MrRAYtheteacher
Category
TRYING NOT TO LAUGH
Be the first to comment