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Income elasticity |
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Income elasticityNormally the income elasticity of demand; that is, the elasticity of demand with respect to income.Similar MatchesArmington elasticityArmington elasticityThe elasticity of substitution between products of different countries. Constant elasticity of substitution functionConstant elasticity of substitution functionSee CES function 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. Cross elasticityCross 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. Price elasticityPrice elasticityThe elasticity of supply or demand with respect to price. Further SuggestionsImport elasticityElasticity of substitution Point elasticity Arc elasticity Supply elasticity Elasticity Elasticity of demand for exports Elasticity of demand for imports Import demand elasticity |
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