| 词汇 | elastic-demand |
| 释义 | elastic demand noun[ U ] ukus ECONOMICS a situation in which a change in a product's price causes a big change in the number of products sold: Commodities that are likely to have many substitutes, such as public transportation services and green peas, tend to have more elastic demand. Compareinelastic demand Examples of elastic demandelastic demand Thus, the bar sets a lower price for entry for university and college students because students have elasticdemand. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. If the product has an elasticdemand, a greater portion of the tax will be absorbed by the seller. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. For example, seniors have a more elasticdemand for movies than do young adults because they generally have more free time. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. This is because goods with elasticdemand cause a large decline in quantity demanded for a small increase in price. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. For any monopoly, the price markup should be inverse to the price elasticity of demand: the more elasticdemand for the product, the smaller the price markup. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Perfect competition is the only market form in which price discrimination would be impossible (a perfectly competitive company has a perfectly elasticdemand curve and has zero market power). From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. However, with the subsequent development of urban telephone systems and the appearance of a more elasticdemand, the increase in size caused the equipment rate to rise. They are invariably goods of elasticdemand, goods for which a substitute can be found, goods whose consumption can be postponed. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 One would use price control on commodities where it would be sensible to do so, but not where there was a wholly elasticdemand. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 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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