1 of 7

Slide Notes

DownloadGo Live

Elastic

Published on Nov 21, 2015

No Description

View Outline

MORE DECKS TO EXPLORE

PRESENTATION OUTLINE

1.

ELASTICITY

BY : BRANDON ESCAMILLA
2.

DEFENITION

THE DEGREE WHICH A DEMAND OR SUPPLY CURVE REACTS TO A CHANGE IN PRICE
3.

Elasticity varies among products because some products may not be more essential to the consumer.

4.

Usually this kind of products may be available in the market but it's not a need in the consumers daily life

5.

EXAMPLES

  • products would lower their prices to fit the consumer
6.

EXAMPLE

PRICES GOING UP WOULD SLAVE A PERSON TO GIVE UP THAT GOOD
7.

EXAMPLE

PRICE ON A PRODUCT WOULD EFFECT THEIR SELLS

Erick Beltran