Elasticities of demand and supply curves in microeconomics


Question 1: How do you remember the shapes and elasticities of demand and supply curves in Microeconomics? This solution helps you memorize the shapes of different curves in an easy to remember way.

Question 2: How do you remember how the axes are labelled for market equilibrium? This solution gives you an easy trick to remember the correct labeling of axes.

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Microeconomics: Elasticities of demand and supply curves in microeconomics
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