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Key Economic Formulas Overview

The document contains a table listing various economic formulas including Price Elasticity of Demand, Income Elasticity of Demand, and others related to revenue and profit calculations. Each formula is intended to provide insights into economic principles, although specific descriptions and pros & cons are not detailed. The table appears to be incomplete with several entries missing.

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Chantelle O
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21 views2 pages

Key Economic Formulas Overview

The document contains a table listing various economic formulas including Price Elasticity of Demand, Income Elasticity of Demand, and others related to revenue and profit calculations. Each formula is intended to provide insights into economic principles, although specific descriptions and pros & cons are not detailed. The table appears to be incomplete with several entries missing.

Uploaded by

Chantelle O
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Formula Table

Formula Name Formula Description


Pros & Cons
1. Price Elasticity
of Demand
(PED)
2. Income
Elasticity of
Demand (YED)
3. Percentage
Change

4. Revenue

5. Total Costs

6. Gross Profit

7. Gross Profit
Margin

8. Net Profit

9. Net Profit
Margin

10.

11.

12.

13.

14.

15.
Formula Table

Formula Name Formula Description


Pros & Cons

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