Why are resold concert tickets so expensive? Why is holiday candy so cheap in January? Learn how supply and demand changes can influences how much things cost, and why the prices of some …

Elasticity of demand is not the slope of the curve. The percentage part of the equation is crucial. Use the formula Sal gives and test it by yourself. On a straight line, elasticity will be highest near the vertical …

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Unit 3: Elasticity About this unit Why are resold concert tickets so expensive? Why is holiday candy so cheap in January? Learn how supply and demand changes can influences how much things cost, …

In markets for financial capital, the elasticity of savings —the percentage change in the quantity of savings divided by the percentage change in interest rates—determines the shape of the supply …

Explore the concept of price elasticity of demand in microeconomics with Khan Academy's engaging video lesson.

Unit 3: Elasticity About this unit Why are resold concert tickets so expensive? Why is holiday candy so cheap in January? Learn how supply and demand changes can influences how much things cost, …

Review the following recommended lessons to help you learn: {list of lessons covered by quiz}

Practice wha you've learned about price elasticity of supply and the determinants of price elasticity of supply in this exercise.

Understand the differences between short-run and long-run elasticity in economics with this tutorial.