Cross elasticity


 

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Cross elasticity

1. An elasticity that has been ignored by a student in a problem set. 2. The elasticity of supply or demand for one good or service with respect to the price of another.



Similar Matches

Price elasticity

Price elasticity

The elasticity of supply or demand with respect to price.


Supply elasticity

Supply elasticity

The elasticity of a supply function, usually with respect to price.


Import elasticity

Import elasticity

Usually means the import demand elasticity.


Elasticity

Elasticity

A measure of responsiveness of one economic variable to another -- usually the responsiveness of quantity to price along a supply or demand curve -- comparing percentage changes (%D) or changes in logarithms (d ln). The arc elasticity of x with respect to y is e = %Dx/%Dy. The point elasticity is e = d lnx/d lny = (y/x)(dx/dy).


Armington elasticity

Armington elasticity

The elasticity of substitution between products of different countries.


Further Suggestions

Elasticity of demand for imports
Elasticity of substitution
Point elasticity
Demand elasticity
Income elasticity
Arc elasticity
Elasticity of demand for exports
Import demand elasticity
Constant elasticity of substitution function


 
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