Price elasticity of demand

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Supply and demand

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Related lectures (32)

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Role of the State in Market Economy

Explores the state's role in market economy, resource allocation, income redistribution, and consumer optimization.

Supply Analysis: Elasticity and Wage Adjustments

Covers the calculation of supply elasticity and necessary wage adjustments to increase student labor supply.

Environmental Regulation of Production: Air Ticket Tax

Explores the introduction of an air ticket tax in Switzerland to reduce aviation emissions, analyzing its impact on demand, CO2 emissions, and passenger growth.

Structural Mechanics: Beam Bending and Boundary Conditions

Explores the moment-curvature relation for beams, emphasizing stress distribution and typical boundary conditions.

Rectangular Foundation - Vertical Induced Stress - Elastic Superposition

Covers the linear elasticity of rectangular foundations and the concept of elastic superposition.

Elasticity and Deformation

Covers stress, strain, modulus of elasticity, and material behavior under different loads.

Deformation Course: Part 3

Explores stiffness, types of bonds, glass transition, and elasticity in materials under stress.

Consumption Based Model: Dynamics and Comparative Statics

Explores the dynamics and comparative statics of a consumption based model.

3D Linear Elasticity & Beams

Covers 3D linear elasticity, stress, strain, beams' behavior under loads, and torsion.

Understanding Demand and Elasticity

Explores demand, prices, and elasticity, revealing how consumer behavior responds to market dynamics.