Random Fact

Malaysia has a labor force of nearly 13 million people and a real GDP growth rate of 5.6% (CIA World Fact Book, 2012).

Unit 3: Elasticity

Section 1: Demand Curves and Elasticity
Section 2: Elasticity and the Slope of the Demand Curve
Section 3: Determinants of Price Elasticity of Demand
Section 4: Elasticity and Total Revenue
Section 5: Income Elasticity of Demand, Cross Price Elasticity of Demand, and Price Elasticity of Supply
Test Your Knowledge!