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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. become or make greater in size or degree.

gasoline

/ˌɡasəˈlēn/

noun

undefined.

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. To greet someone who has just arrived.

relationship

/rəˈlāSH(ə)nˌSHip/

noun

Connection between two or more people or things.

happens

/ˈhapən/

verb

take place.

already

/ˌôlˈredē/

adverb

Having happened or been done before this time.

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 to stretch and return to original shape.

question

/ˈkwesCH(ə)n/

noun verb

sentence worded or expressed so as to elicit information. To have or express concerns or uncertainty.

quantity

/ˈkwän(t)ədē/

noun

A large amount of something.

depends

/dəˈpend/

verb

Be able to trust; rely on..

inverse

/ˈinvərs/

adjective noun

Being the opposite of something else. Thing that is the complete opposite of another.

product

/ˈprädəkt/

noun

End result of a process.

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