See what we can offer to your school
"SimpleStudy just makes sense...”
Get the best plan for your school
10 cards from this deck
Responsiveness between two variables
%Δ in Qd%Δ in price\frac{\% \Delta \text{ in Qd}}{\% \Delta \text{ in price}}%Δ in price%Δ in Qd
%Δ in Qd%Δ in income\frac{\% \Delta \text{ in Qd}}{\% \Delta \text{ in income}}%Δ in income%Δ in Qd
%Δ Qd of A%Δ price of B\frac{\% \Delta \text{ Qd of A}}{\% \Delta \text{ price of B}}%Δ price of B%Δ Qd of A
Horizontal line
Substitutability
Increases total revenue
Positive
Negative
Select your subjects, and get access to A+ resources today.