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词汇 price-elasticity-of-demand
释义 price elasticity of demand
noun[ U ]
ukus
ECONOMICS
→ elasticity of demand

Examples of price elasticity of demand


price elasticity of demand
Priceelasticityofdemand may be lower than average in energy-producing industries since it is a widely used (and essential) good with no short-term substitutes.
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In a manner analogous to the priceelasticityofdemand, it captures the extent of movement along the supply curve.
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The markup rules indicate that the ratio between profit margin and the price is inversely proportional to the priceelasticityofdemand.
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Any determinant of priceelasticityofdemand can be used to segment markets.
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Where the tax incidence falls depends (in the short run) on the priceelasticityofdemand and price elasticity of supply.
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Technically, the cross priceelasticityofdemand between goods in such a market is positive.
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Wikipedia

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The more necessary a good is, the lower the priceelasticityofdemand, as people will attempt to buy it no matter the price.
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Wikipedia

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Indeed, the priceelasticityofdemand varies between types of purchase and among consumer segments.
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Wikipedia

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In words, the rule is that the size of the markup is inversely related to the priceelasticityofdemand for the good.
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Wikipedia

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The results were disappointing, however, due to overfishing, a high priceelasticityofdemand due to substitutability of vegetable oils for whale oil, and the competition of foreign whalers.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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