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