Application of percentage: How to find the elasticity of demand? (no midpoint rule)
Here's a real-life math problem and also an application of percentage change. We will find the elasticity of demand based on a price change. The key is to find the percentage of the quantity demanded and then divide by the percentage change of the price. It's a problem you need to know if you take a business math class or microeconomics.
Shop my math t-shirts & hoodies on Amazon: 👉 https://amzn.to/3qBeuw6
-----------------------------
I help students master the basics of math. You can show your support and help me create even better content by becoming a patron on Patreon 👉 / blackpenredpen . Every bit of support means the world to me and motivates me to keep bringing you the best math lessons! Thank you!
-----------------------------
#math #algebra #mathbasics
Watch video Application of percentage: How to find the elasticity of demand? (no midpoint rule) online without registration, duration hours minute second in high quality. This video was added by user bprp math basics 06 May 2024, don't forget to share it with your friends and acquaintances, it has been viewed on our site 3,919 once and liked it 163 people.