July11

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fperickson

Business Technology

Outline for Friday, July 11
Remember
Homework due Monday
Quiz
Review from Thursday
Modeling the consumer

Quiz 1

Ends at 11:30
Read carefully

Raise your hand if you have questions

This is not the end of today’s class

The A elasticity of B
How B responds to A
How responsive B is to A

The A elasticity of B
How B responds to A
How responsive B is to A
The % change in B caused by a 1% change in A

The A elasticity of B
How B responds to A
How responsive B is to A
The % change in B caused by a 1% change in A

1 A
For small changes… ⋅
slope B

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July11

1. Outline for Friday, July 11 Remember Homework due Monday Quiz Review from Thursday Modeling the consumer

2. Quiz 1 Ends at 11:30 Read carefully Raise your hand if you have questions This is not the end of today’s class

3. Outline for Friday, July 11 Remember Homework due Monday Quiz Review from Thursday Modeling the consumer

4. The A elasticity of B How B responds to A How responsive B is to A

5. The A elasticity of B How B responds to A How responsive B is to A The % change in B caused by a 1% change in A

6. The A elasticity of B How B responds to A How responsive B is to A The % change in B caused by a 1% change in A 1 A For small changes… ⋅ slope B

July11

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