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Cross elasticity |
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Cross elasticity1. 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 MatchesConstant elasticity of substitution functionConstant elasticity of substitution functionSee CES function Income elasticityIncome elasticityNormally the income elasticity of demand; that is, the elasticity of demand with respect to income. Import elasticityImport elasticityUsually means the import demand elasticity. Demand elasticityDemand elasticityNormally the price elasticity of demand. References to other elasticities of demand, such as the income elasticity are normally explicit. See import demand elasticity. Import demand elasticityImport demand elasticityThe elasticity of demand for imports with respect to price. Further SuggestionsPrice elasticityElasticity of demand for exports Point elasticity Elasticity of demand for imports Elasticity Elasticity of substitution Arc elasticity Supply elasticity Armington elasticity |
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