Talk:Arc elasticity

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Simplification?

Latest comment: 13 years ago2 comments2 people in discussion

What's wrong with simply:

$E_{x,y}={\frac {\Delta x}{\Delta y}}\cdot {\frac {\Sigma y}{\Sigma x}}$ ?

It's an elementary algebraic simplification, though most Economics sources I've looked at insist on using the convoluted definition and not showing how it can be siplified...

Tebello TheWHAT!!?? 07:13, 25 August 2010 (UTC)Reply

I don't see how that simplification helps. It uses the

\Delta

and

\Sigma

symbols instead of writing out the arithmetic, but the sigma could easily be misleading, and the delta it a notation thing which doesn't really simplify. Otherwise it seems to obscure what's really going on rather than clarify. CRETOG8(t/c) 13:48, 25 August 2010 (UTC)Reply

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