| 单词 | elastic demand |
| 释义 | elastic demand noun[U] ukusECONOMICS asituationin which achangein a product'spricecausesabigchangein thenumberofproductssold: Commodities that arelikelyto have manysubstitutes, such aspublictransportationservicesandgreenpeas,tendto have moreelasticdemand. Compareinelastic demand Examplesofelastic demandelastic demand Thus, the bar sets a lower price for entry for university and college students because students haveelasticdemand. From Wikipedia  This example is from Wikipedia and may be reused under a CC BY-SA license.If the product has anelasticdemand, 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 moreelasticdemandfor 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 withelasticdemandcause 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 moreelasticdemandfor 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 perfectlyelasticdemandcurve 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 moreelasticdemand, the increase in size caused the equipment rate to rise. From theCambridge English Corpus They are invariably goods ofelasticdemand, 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 theOpen 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 whollyelasticdemand. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen 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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