Chapter 4: Applications of Supply and Demand

As a means to further explore elasticities, try your hand at the two interactive elasticity modules at hadm.sph.sc.edu/COURSES/ECON/Elast/Elast.html and hadm.sph.sc.edu/COURSES/ECON/Elas2/Elas2.html. After completing the tutorials, write a few sentences to explain something that you better understand after having completed the modules.