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Wasps are pretty forgiving about that
As mentioned above, it is not the case that elasticity depends on slope alone, we also have to consider how expenditure changes
This is a huge point of confusion for many
Discover a new correlation View all correlations View all research papers Report an error Data details Annual US household spending on tobacco products and smoking supplies Detailed data title: Average annual household spend on tobacco products and smoking supplies Source: Bureau of Labor Statistics See what else correlates with Annual US household spending on tobacco products and smoking supplies Google searches for 'what is love' Detailed data title: Relative volume of Google searches for 'what is love' (Worldwide, without quotes) Source: Google Trends Additional Info: Relative search volume (not absolute numbers) See what else correlates with Google searches for 'what is love' Correlation r = 0.6897503 (Pearson correlation coefficient) Correlation is a measure of how much the variables move together
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