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With an increase of the price elasticity tends to rise above one.
Most of these sites are easy to use, even by those who never took Economics 101 and do not care what price elasticity means.
In this case both the price elasticity of demand and supply are very low).
When the price elasticity of demand for the product being produced is high (scale effect).
This in turn depends on the price elasticity of demand faced by the firm.
Technically, the cross price elasticity of demand between goods in such a market is positive.
The price elasticity of drinking water demand by urban households is typically low.
There is then the question of price elasticity.
Now the impact on spending depends on the price elasticity of demand.
The long-run price elasticity of supply is quite high.
It may be difficult to obtain data on different price elasticities for different customer groups.
As in other cases, the deadweight welfare loss depends on the price elasticity of demand.
By the mid-1990s, most implementation incorporated some measures of price elasticity.
This reduced price elasticity and caused a sharp rise in food prices during some shortages.
The net effect on the trade balance will depend on price elasticities.
The more necessary a good is, the lower the price elasticity of demand, as people will attempt to buy it no matter the price.
Among the most common applications of price elasticity is to determine prices that maximize revenue or profit.
They have found that the price elasticity of demand for "business solutions" is much less than for hardware.
Price stiffness could be considered the "opposite" of the price elasticity function.
Price elasticities are almost always negative, although analysts tend to ignore the sign even though this can lead to ambiguity.
Although the market remains fairly tight, an increase in readily available supplies now allows for more price elasticity, analysts said.
The price elasticity of metered water demand varies greatly depending on local conditions.
Any determinant of price elasticity of demand can be used to segment markets.
The price elasticity of demand was presented by Marshall as an extension of these ideas.
Second law of demand (price elasticity over time)