“LSSU gave me the educational and organizational tools to be able to succeed at those endeavors after college.”
Scott Shackleton '83
Former State House of Representatives
LSSU Outstanding Alumnus Award '05
ELASTICITY OF DEMAND: WHAT GIVES?
Using examples from a competitive seafood market and a monopolistic ferry
service, this program shows the difference between elastic and inelastic
demand. It also plots the graphs that qualify the relative gain or loss in
revenue from price increases or decreases in each situation.
Exclusive Invitation to Present
Honorable Mention Lake Superior State University
LSSU was one of five finalists that were invited to present papers at the conference. The other universities that were invited were: Cornell University, Michigan Tech, Air Force Academy, and University of Puerto Rico.
2006 UPADI Pan American Federation of Engineering Societies Convention for Engineers