price elasticity
collocation in Englishmeaningsofpriceandelasticity
These words are often used together. Click on the links below to explore the meanings. Or,see other collocations withpriceorelasticity.
price
noun[C]
uk/praɪs/us/praɪs/
the amount of money for which something ...
See more atprice
elasticity
noun[U]
uk/ˌi.læsˈtɪs.ə.ti/us/ˌi.læsˈtɪs.ə.t̬i/
the ability ...
See more atelasticity
(Definition ofpriceandelasticityfrom theCambridge English Dictionary© Cambridge University Press)
Examplesofprice elasticity
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.
The welfare cost estimates are approximately doubled in both cases if we estimate thepriceelasticityof money demand by regression.
From theCambridge English Corpus
We show that this simple feature makes thepriceelasticityof demand for individual goods procyclical.
From theCambridge English Corpus
In the monopolistic competition setting, time-variations in thepriceelasticityof demand lead firms to charge time-varying markups.
From theCambridge English Corpus
This means that long-run supplypriceelasticityis 0.826.
From theCambridge English Corpus
Price effects are significantly negative and imply a unit elasticpriceelasticity, while wage and household income are positive and significant when affecting demand.
From theCambridge English Corpus
Organic produce retailers tend to be quite sensitive to consumers'priceelasticityof demand, partly because premium level negatively affects consumer demand and purchases.
From theCambridge English Corpus
There is a tremendous amount ofpriceelasticityin people's behavior.
From theCambridge English Corpus
These changes in domestic supply and demand can be summarised in thepriceelasticityof demand for imports.
From theCambridge English Corpus
Coping demand haspriceelasticitycloser to -0.1, and is also negatively affected by increased hauling costs.
From theCambridge English Corpus
In the demand analysis, we find the extractive good to be a normal good with almost unitypriceelasticity.
From theCambridge English Corpus
The extent to which this will happen is determined by thepriceelasticity.
From theCambridge English Corpus
Each hospital'spriceelasticityis therefore a function of its underlying service-level demand elasticities.
From theCambridge English Corpus
The issue is then how important thepriceelasticityeffect is.
From theCambridge English Corpus
The procyclicality of thepriceelasticityof demand is the basic element driving the result that in equilibrium markups are countercyclical.
From theCambridge English Corpus
Thepriceelasticityis expected to be negative.
From theCambridge English Corpus
Using full duality to show that simultaneously additive direct and indirect utilities imply unitarypriceelasticityof demand.
From theCambridge English Corpus
In particular, subsistence points in consumption of individual goods varieties imply that the demand for an individual variety features a time-varyingpriceelasticity.
From theCambridge English Corpus
The technology can be characterized by thepriceelasticityof demand for the input factors.
From theCambridge English Corpus
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.
Want to learn more?
Go to the definition ofprice
Go to the definition ofelasticity
See other collocations withprice
See other collocations withelasticity