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A Little Demonstration of Supply & Demand

Stodder's enlightening demonstration of supply and demand dynamics in economics explores how producers' surplus and revenues are impacted. Delve into the concept of absolute elasticity and its effects on market equilibrium. Discover the relationship between step changes and revenue fluctuations. For more details, check out Stodder's 2012 article.

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A Little Demonstration of Supply & Demand

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  1. A Little Demonstration of Supply & Demand Stodder, Rensselaer, Sep. 2009

  2. Stodder, Rensselaer, Sep. 2009

  3. $10 K $10 K $7.8 K Stodder, Rensselaer, Sep. 2009

  4. Producers’ Surplus and Revenues are Increased Stodder, Rensselaer, Sep. 2009

  5. Stodder, Rensselaer, Sep. 2009

  6. Producers’ Surplus down slightly with Step Change, but Revenues still Increase Stodder, Rensselaer, Sep. 2009

  7. Absolute ELASTICITY always < 1 Stodder, Rensselaer, Sep. 2009

  8. An article on this logic: Stodder, Rensselaer, July 2012

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