smutryda
1 Answer
Colleen
Elasticity is one of the most important concepts in neoclassical economic theory. It is useful in understanding the incidence of indirect taxation, marginal concepts as they relate to the theory of the firm, and distribution of wealth and different types of goods as they relate to the theory of consumer choice. Elasticity is also crucially important in any discussion of welfare distribution, in particular consumer surplus, producer surplus, or government surplus. http://en.wikipedia.org/wiki/Elasticity_(economics)
| 10 years ago. Rating: 2 | |
Top contributors in Economics category
Unanswered Questions
BONGDANET - Cập Nhật Tỷ Lệ Kèo, Tỷ Số, BXH Mới Nhất
Answers: 0
Views: 14
Rating: 0
ku11codes
Answers: 0
Views: 18
Rating: 0
thabet77tw
Answers: 0
Views: 9
Rating: 0
Are you ready?
Answers: 0
Views: 11
Rating: 0
Are you ready?
Answers: 0
Views: 10
Rating: 0
8DAY - Nhà Cái Đẳng Cấp Đón Đầu Xu Hướng Đổi Thưởng
Answers: 0
Views: 13
Rating: 0
phimheo88
Answers: 0
Views: 16
Rating: 0
phimheo88
> More questions...
Answers: 0
Views: 13
Rating: 0