Price Elasticity of Demand
Watch this video about how the price elasticity of demand is depicted with the use of a graph. Make sure that you understand when the elasticity of demand is elastic, inelastic, and unit elastic.
Source: Khan Academy This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 License.
Last modified: Friday, February 26, 2021, 8:40 AM