Total revenue and elasticity | Elasticity | Microeconomics | Khan Academy

Thinking about how total revenue and elasticity are related

Microeconomics on Khan Academy: Topics covered in a traditional college level introductory microeconomics course

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These are basic education, Kurt. Illustrated by these elementary models to captivate student interest in the study.
That would be in the field of Ph.D.. Of course we don't want to generalize things.

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[hung]

11:00 anyone can explain how the percent change in quantity and price affect area of total of revenue?

[gonzalochavez]

Great video!! I have 2 questions
1. We are calculating the price that maximize the revenue, in which we are not using the elasticity. In this case why is important de elasticity?
2. How can I calculate the elasticity of the six price points (not individually, like a everything)?
Thanks in advance for your reply.

[attahussainmusavideputyreg]

I have a query, how do I calculate the price elasticity for say the given data? What formula do I use?

[shoaibshah]

If total revenue rises for the good price falls then, is called elastic or in elastic?

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Multiple topics are covered. Try going over his beginning math tutorials. Usually people get flustered when they don't understand things. Learn at your own pace, good luck pal'!

[amansrivastava]

Instead of making a curve, why didn't he simply join point C and point D ?