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Card 6
Front
What is the value of PED with price elastic demand?
Back
Card 7
Front
What does price elastic demand mean?
Back
Card 8
Front
What is the value of PED with unitary elastic demand?
Back
Card 9
Front
What does unitary elastic demand mean?
Back
Card 10
Front
What is the value of PED with perfectly elastic demand?
Back
Card 11
Front
What does perfectly elastic demand mean?
Back
Card 12
Front
How does price elastic demand affect total revenue following a price change?
Back
Card 13
Front
How does price inelastic demand affect total revenue following a price change?
Back
Card 14
Front
What are 5 examples that affect PED?
Back
Card 15
Front
How do substitutes affect PED?
Back
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