Tags
#2015 #book-2 #cfa #cfa-level-1 #economics #schweser
Question
mathematical way to say that demand is inelastic
Answer
|own price elasticity| < 1
Tags
#2015 #book-2 #cfa #cfa-level-1 #economics #schweser
Question
mathematical way to say that demand is inelastic
Tags
#2015 #book-2 #cfa #cfa-level-1 #economics #schweser
Question
mathematical way to say that demand is inelastic
Answer
|own price elasticity| < 1
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iamcfa - (no access) - 2015 CFA Level 1 Study Schweser Book 2 - Economics, p43