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Demand elasticity |
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Demand elasticityNormally the price elasticity of demand. References to other elasticities of demand, such as the income elasticity are normally explicit. See import demand elasticity.Similar MatchesSupply elasticitySupply elasticityThe elasticity of a supply function, usually with respect to price. ElasticityElasticityA 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). Constant elasticity of substitution functionConstant elasticity of substitution functionSee CES function Price elasticityPrice elasticityThe elasticity of supply or demand with respect to price. Import demand elasticityImport demand elasticityThe elasticity of demand for imports with respect to price. Further SuggestionsPoint elasticityCross elasticity Elasticity of substitution Elasticity of demand for imports Arc elasticity Armington elasticity Income elasticity Elasticity of demand for exports Import elasticity |
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