лекц № 3 ба 4 Эрэлт, Нийлүүлэлт, МэдрэмжJust BurneeThe document appears to be a company logo repeated many times over several pages. It includes the text "Company Logo" and the website "www.themegallery.com". The logo and website are printed without any other words or context.
Lecture 4Just BurneeThis document discusses demand theory and the concept of elasticity in economics. It defines demand as a buyer's willingness and ability to pay for a good or service. The key factors that influence demand are outlined as price, income of consumers, availability of substitutes, and cross-prices of related goods. Elasticity measures the responsiveness of quantity demanded to changes in price or other factors. Price elasticity is computed by comparing the percentage changes in quantity and price. Demand can be inelastic, elastic, or unit elastic depending on the elasticity value. The relationship between elasticity, total revenue, and marginal revenue is also examined.