Ch 5. Elasticity and Its Application

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.title[
# Ch 5. Elasticity and Its Application
]
.subtitle[
## Microeconomics I
]
.author[
### Lyuben Ivanov, PhD
]
.institute[
### Sofia University St Kliment Ohridski
]
.date[
### Fall Term 2025/2026
]

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.pull-right-2[
_The most important thing [is] trying to find
a business with a wide and long-lasting
moat around it... protecting a terrific
economic castle with an honest lord in
charge of the castle._
<hr style="background-color: black; margin: 0em 0em 0em 0em;">
<span style="float: right; font-variant: small-caps; "> Warren Buffett </span>
]

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  .font200[
<strong>  The Concept Of Elasticity</strong>
]
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# Questions?

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# Thank You!

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