Calculating Elasticity of Supply [GIVEN A CHANGE IN PRICE AND QUANTITY] | Think Econ

In this video we explore how to calculate the elasticity of supply without being given the Supply equation; just the change in quantity supplied and a change in price!

#microeconomics #priceelasticity #priceelasticityofsupply

Elasticity Playlist:

Keywords:
how to calculate elasticity with a price change,
how to calculate elasticity using price,
how to calculate elasticity of demand,
how to determine the elasticity of demand,
Inelastic demand,
Elastic demand,
price elasticity of demand,
Think Econ,
Elasticity of Supply,
Elastic supply,
inelastic supply

[ThinkEcon]

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[nosiphojiyane]

Thanks, you have made things easier for me.

[auliafristi]

Pak, izin bertanya.
Diketahui pada waktu harga sama dengan 10 maka jumlah yang diminta sebesar 70 dan jika harga sama dengan 15 maka jumlah yang diminta sebesar 55
Pertanyaan
1. Carilah elastisitas permintaan pada waktu harga sama dengan 25
2. Buktikan jika harga naik maka pendapatan total akan turun

Tolong pak jawab pak, kalau bisa dijadikan konten dan pasti bakal banyak yg nnton karena mahasiswa nya total 5k pada nanya ini semua😢 terimakasih

[AJAbesiaPhotography]

bruh u made it so simple for me hahaha