Thread:ClariS/@comment-3017217-20141115175820/@comment-4881935-20141127215434

...omg....*sigh*... do not answer my questions with numbers or math. Seriously, don't because you have illustrated that you don't think of the concept, at all.

1) How would you difined elasticity (for econ)? What does it do and what does it use to do it?

2) What is the actual definition of elasticity (for econ)?

3) You're equation: ε = Δx / Δy / x. Translate this into words and make it complete sentence (or a pargraph if it requires you to write that much)