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8:40
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Khan Academy
Introduction to price elasticity of demand | APⓇ Microeconomics | Khan Academy
Keep going! Check out the next lesson and practice what you’re learning: https://www.khanacademy.org/economics-finance-domain/ap-microeconomics/unit-2-supply-and-demnd/23/v/determinants-of-price-elasticity-of-demand-ap-microeconomics-khan-academy Economists use the concept of price elasticity of demand to describe how the quantity demanded ...
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