Elasticity and Revenue
What is elasticity? Here is an answer from The Joy of Economics:
This site uses Java to give an interactive lesson on price elasticity of demand:
A continuation of the interactive elasticity lesson, getting a bit more technical:
The economics pages at about.com are often disappointing, but their pages on elasticity are OK:
The link here is the first page in a series of pages that explain marginal revenue with a numerical example:
The most basic relationship between elasticity and marginal revenue is explained here:
These links were checked on December 2, 2013.
Copyright Robert Schenk
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