price elasticity

Englisch - Türkisch

Englisch - Englisch

Definition von price elasticity im Englisch Englisch wörterbuch: The degree of change in demand for a product in response to a change in its price; An economic concept that different groups of consumers react divergently to changes in the price of a product or service; the relationship between the price of a product and the quantity bought by consumers; rate of change in the price of a product in relation to the rate of the amount of things offered; price elasticity of demand: a measure of the responsiveness of the quantity demanded of a good to changes in price It equals the percentage change in quantity demanded divided by the percentage change in price; price elasticity of supply: a measure of the responsiveness of the quantity supplied of a good to changes in price It equals the percentage change in quantity supplied divided by the percentage change in price (Stiglitz and Boadway, 1994) (S4, III 2) chinese | russian; buyers' sensitivity to price; measured by the percentage change in quantity demanded that results from a percentage change in price See Price Inelasticity; A measure of the sensitivity of demand to changes in price; A situation in which supply and demand of a commodity respond to price; a measure of the sensitivity of supply and demand to changes in price If price elasticity is low, a large change in price will lead to a small change in supply; In demand, refers to the percentage change in quantity demanded relative to the percentage change in price

price elasticity

Silbentrennung

price e·las·tic·i·ty

prays ilästîsıti

/ˈprīs ˌēˌlaˈstəsətē/ /ˈpraɪs ˌiːˌlæˈstɪsətiː/

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