Knowledge in Notes of Elasticity and it's Applications

Microeconomics notes - elasticity of demand and supply

Detailed notes of the topic elasticity and it's applications with unsolved questions . The notes above give a detailed description about the concept of elasticity of both demand and supply curves . The topic is explained with diagrams and schedules with real life case studies. The notes further contain various formulas like the midpoint method in order to compute elasticity of demand . It explains various other topics related to equilibrium and how elasticity changes the equilibrium , contains applications of demand , supply and elasticity as well.