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Elasticity of Demand- Micro Topic 2.3

2,686,671 views

Jacob Clifford

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English (US)

Speech Time:

98%
  • 6:07 / 6:12

Speech Rate:

  • 225 wpm - Fast

Category:

  • Education

Tags :

Intro:

Video Vocabulary

increase
noun verb

Fact of increasing; amount something grows by. To make or become larger in size or amount.

gasoline

/ˌɡasəˈlēn/

noun

Liquid we put in cars to make them run.

welcome - welcome

/ˈwelkəm/

adjective exclamation noun verb

Being what was wanted or needed. used to greet someone in polite or friendly way. Friendly greeting to someone who has arrived. greet someone arriving in polite or friendly way.

relationship

/rəˈlāSH(ə)nˌSHip/

noun

Connection between two or more people or things.

happens

/ˈhapən/

verb

take place.

already

/ˌôlˈredē/

adverb

before or by now or time in question.

inelastic

/ˈiniˈlastik/

adjective

Not elastic.

students

/ˈst(y)o͞odnt/

noun other

person who is studying at university or other place of higher education. People studying at school.

elasticity

/ēˌlaˈstisədē/

noun

ability of object or material to resume its normal shape after being stretched or compressed.

question

/ˈkwesCH(ə)n/

noun verb

sentence worded or expressed so as to elicit information. To ask for or try to get information.

quantity

/ˈkwän(t)ədē/

noun

amount or number of material or abstract thing not.

depends

/dəˈpend/

verb

Hang down..

inverse

/ˈinvərs/

adjective noun

opposite or contrary in position, effect, etc.. reverse or opposite of something.

product

/ˈprädəkt/

noun

End result of a process.

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