cimorene: cartoony drawing of a woman's head in profile giving dubious side-eye (Default)
[personal profile] cimorene
i lied about price elasticity of demand before. demand is elastic at less than -1, unit-elastic at -1, and inelastic between -1 and 0. there is no such thing as positive elasticity of demand, because the slope of a demand line is always negative--it declines as prices rise.

perrin calls bits of orange peel 'galishas' (guh-LEE-shuhs). and he considers making them a fun activity in and of itself. he'll be sorry that i ate my last mandarin a moment ago while he was gone.
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cimorene: cartoony drawing of a woman's head in profile giving dubious side-eye (Default)
Cimorene

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