The Midpoint Formula for Elasticity *Microeconomics*
HTML-код
- Опубликовано: 4 окт 2024
- We compare the "normal formula" to the "midpoint formula" to help visualize the differences, and do a couple of examples.
These videos are part of a complete set of full-length lectures on Introductory Microeconomics (Using McConnell, Brue, & Flynn). See the course with handouts at
www.burkeyacad...
My Website: www.burkeyacade...
Support me on Patreon! / burkeyacademy
Talk to me on my SubReddit: / burkeyacademy
Buy me a cup of coffee on PayPal? paypal.me/Burke...
Introductory Microeconomics, Elasticities
Easy way to remember is ‘Quarter Pounder’
Personally I think it is easier to remember that the first word always goes on the bottom- works for all elasticities!