Uploaded by Jayandree Govender

PG DIP MANG Economics Missing Formulae 01-03-2018

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Programme : Postgraduate Diploma in Management
Module: Economics
A Note on the Missing Formulae on Page 34 of Economics Module Guide
Dear Student
Please find attached the missing formulae for the different elasticity of demand categories.
The formula for price elasticity of supply is as follows:
PeS
=
Regards
Devina Dawkinun
Economics Lecturer
% change in Quantity Supplied
% Change in Price
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