Teachers, you can now register your students for TWO NATIONAL COMPETITIONS this spring—our National Personal Finance Challenge (financial stability/mobility) and our National Economics Challenge (micro/macroeconomics).

Grade 6-8, 9-12

Elasticity of Demand Video and Quiz

Updated: July 12 2012,
Open Video

This video teaches the concept of Elasticity of Demand. Price elasticity of demand is the way of measuring how much quantity demanded will change in response to a change in price.