Day 2 | Price Elasticity of Supply | Price Elasticity Unit Plan Walkthrough

This video provides teachers with a walkthrough of MRU's Price Elasticity of Supply lesson plan, including demos of videos and interactives. This lesson plan is Day 2 of our Price Elasticity unit. Teachers can access the unit plan for FREE at https://learn.mru.org/lesson-plans/price-elasticity-unit/ Student Learning Objectives: - Define elasticity of supply. - Apply the elasticity of supply to housing policy. - Graph supply and demand shifts with elastic and inelastic supply and demand curves to identify relative price and quantity changes. - Calculate the price elasticity of supply (optional)