Economics Elasticity

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Posted on November 21, 2018 at 04:24 AM



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Reasons for Revenue Slippage | Chron.com
Supply. If you're selling a manufactured item, any disruption in the process affects revenue. Whether it's a shortage of raw material or broken equipment, the company's bottom line suffers.
Elasticity - Investopedia
Elasticity is a measure of a variable's sensitivity to a change in another variable. In business and economics, elasticity refers the degree to which individuals, consumers or producers change ...
Elasticity (economics) - Wikipedia
In economics, elasticity is the measurement of how an economic variable responds to a change in another. It gives answers to questions such as: "If I lower the price of a product, how much more will sell?" "If I raise the price of one good, how will that affect sales of this other good?"

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