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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

rise in size, amount, or degree of something. 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. To accept or receive something happily and gladly.

relationship

/rəˈlāSH(ə)nˌSHip/

noun

Romantic or loving friendship between two people.

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 to stretch and return to original shape.

question

/ˈkwesCH(ə)n/

noun verb

What you ask about; issue. 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

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

(Math) the total from multiplying two numbers.

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