| 单词 | elasticity of demand |
| 释义 | elasticity of demand noun[U] ukus(alsoprice elasticity of demand)ECONOMICS thedegreeto which thenumberofproductssoldchangeswhen the product'spricechanges: Thereportexplainshow theelasticityofdemandand thenatureofproductioninfluencetheextentto whichprofitsareaffectedbychangesinexchangerates. See also income elasticity of demand Examplesofelasticity of demandelasticity of demand The size of the increase in quantity consumed depends on theelasticityofdemand. From Wikipedia  This example is from Wikipedia and may be reused under a CC BY-SA license.An approximately 10% reduction in peak demand (achievable depending on theelasticityofdemand) would result in systems savings of between $8 to $28 billion. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.This is because of the observation that the incomeelasticityofdemandis greater for manufactured goods than that for primary products. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.Theelasticityofdemandindicates how sensitive the demand for a good is to a price change. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.In technical economic terms, such a product has very low cross-priceelasticityofdemand. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.Priceelasticityofdemandmay be lower than average in energy-producing industries since it is a widely used (and essential) good with no short-term substitutes. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.In a manner analogous to the priceelasticityofdemand, it captures the extent of movement along the supply curve. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.The markup rules indicate that the ratio between profit margin and the price is inversely proportional to the priceelasticityofdemand. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.Any determinant of priceelasticityofdemandcan be used to segment markets. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.One measure of it is the wealthelasticityofdemand. 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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