equivalent variation

English - English

Definition of equivalent variation in English English dictionary

The measure of how much money a consumer would pay before a price increase, to avoid the price increase

Hyphenation

e·qui·va·lent va·ri·a·tion

Turkish pronunciation

îkwîvılınt verieyşın

Pronunciation

/əˈkwəvələnt ˌverēˈāsʜən/ /ɪˈkwɪvələnt ˌvɛriːˈeɪʃən/