Summary: How to make and interpret a unit elastic demand curve.
The Google document is here in pdf format. Also included is a review of the midpoint formula used on the AP Microeconomics exam.
About the Author: Mike Fladlien is an AP Economics teacher from Muscatine High School in Muscatine, IA. He is an EconEdLink.org author, and also publishes the Mikeroeconomics and iMacroeconomics VB blogs.
1 comments:
For a more generalized approach to the elasticity coefficient using the TI-83;
http://ctmason.wordpress.com/2011/03/13/simple-ti-83-program-for-econ-students-elasticity-coefficient-calculator/
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