More cards in this set

Card 6

Front

When XED is positive, the goods are said to be..

Back

Preview of the front of card 6

Card 7

Front

If cross elasticity of demand is postive, the goods are said to be..

Back

Preview of the front of card 7

Card 8

Front

What does elasticity measure?

Back

Preview of the front of card 8

Card 9

Front

What is the formula for price elasticity of supply?

Back

Preview of the front of card 9