Elasticity: is a measure of how much buyers and sellers respond to changes in market conditions.
Price elasticity of demand: measure of how much the quantity demanded of a good responds to a change in the
price.
Determinants:
1. Availability of close su
A market is a group of buyers (demand) and sellers (supply) of a particular good or service.
A competitive market is a market in which there are many buyers and sellers so that each has a negligible impact
on the market price.
For a Perfect Competition
UNIT 4 Applications of Boolean Algebra
Minterm and Maxterm Expansions
(Combinational Logic Design Using a Truth Table )
EE106 Intro to Electrical and Computer Engineering
Week x, Fall 2016
EE106
1
4.2 Combinational Logic Design Using a
Truth Table
Logic
If I get a set of minions for a week what would I do? One of the things I could think of I
build an empire with all the things that makes it fun and make me happy. Live a stress free week.
I would make them write my assignments and write my essays. Make t
3.8 Write an expression for F and simplify.
A
A
Hp
D
3.10 (a) Reduce to a minimum sum of products (three terms):
(X+ W)(YG-) Z) + XW
(b) Reduce to a minimum sum of products (four terms):
(AC-BBC) +BD+ACD
(c) Reduce to a minimum product of sums (three term