AP微观经济学.ppt

文档介绍：-:PriceelasticityofdemandIfthepriceofproductAisincreasedfrom$1perunitto$,=[(-)]/[(+)/2]=-=-=-%Thepercentagechangeinprice=[(-)]/[(+)/2]===%So,thepriceelasticityofdemandforproductAis-%/%=-,,,,,,&PerfectlyinelasticPQElasticity=0PQElasticity=infinityElasticityandtotalrevenuePriceQdemandedPriceelasticityofdemandTotalrevenue=P*Q+->1-+-<1++-=1=-+>1+-+<1--+=1=(priceelasticity=-1)(inelastic)regionofthedemandcurve,apriceincreasewilldecrease(increase)totalrevenue.