--- cards-deck: upv::classes::empresario --- # Empresario #card ## Price Elasticity Formula #card $\displaystyle E_d = |\frac{(QN-QI)/((QN+QI)/2)}{(PN-PI)/((PN-PI)/2)}|$ ^1654441616550 ## Price Elasticity Ranges #card $E_d = \infty$ → **Perfectly Elastic** $E_d > 1$ → **Elastic** $E_d < 1$ → **Inelastic** $E_d = 0$ → **Perfectly Inelastic** ^1654442925625