ELASTICITY.

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Presentation transcript:

ELASTICITY

Elasticity elasticity of Demand Elasticity of Supply

In the previous chapter, we have studied the materials related to demand and supply. Still remember what is the demand and supply ???

What is elasticity ??? Elasticity is a number that indicates the difference of price changes in the quantity of goods.

No. Jenis Elastisitas Rumus 1. Elastis E>1 2. Inelastis E<1 3. Elastis Uniter E=1 4. Elastis Sempurna E=~ 5. Inelastisitas Sempurna E=0

Elasticity of Demand 𝑒= ∆𝑄 ∆𝑃 × 𝑃 𝑄 𝐴𝑡𝑎𝑢 𝑒= % 𝑝𝑒𝑟𝑢𝑏𝑎ℎ𝑎𝑛 𝑗𝑢𝑚𝑙𝑎ℎ 𝑏𝑎𝑟𝑎𝑛𝑔 % 𝑝𝑒𝑟𝑢𝑏𝑎ℎ𝑎𝑛 ℎ𝑎𝑟𝑔𝑎

Elasticity of Supply 𝑒= ∆𝑄 ∆𝑃 × 𝑃 𝑄 𝐴𝑡𝑎𝑢 𝑒= % 𝑝𝑒𝑟𝑢𝑏𝑎ℎ𝑎𝑛 𝑗𝑢𝑚𝑙𝑎ℎ 𝑏𝑎𝑟𝑎𝑛𝑔 % 𝑝𝑒𝑟𝑢𝑏𝑎ℎ𝑎𝑛 ℎ𝑎𝑟𝑔𝑎 Elastis Inelastis Elastis uniter Elastis Sempurna Inelastis Sempurna

Factors that affecting elasticity demand price revenue consumer tastes Price of goods estimate Supply Production techniques Material prices

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