cross-price elasticity of demand
1Price elasticity of demand — Not to be confused with Price elasticity of supply. PED is derived from the percentage change in quantity (%ΔQd) and percentage change in price (%ΔP). Price elasticity of demand (PED or Ed) is a measure used in economics to show the… …
2Cross elasticity of demand — Economics …
3Cross Elasticity Of Demand — An economic concept that measures the responsiveness in the quantity demand of one good when a change in price takes place in another good. The measure is calculated by taking the percentage change in the quantity demanded of one good, divided by …
4Price elasticity of supply — In economics, the price elasticity of supply is defined as a numerical measure of the responsiveness of the quantity supplied of product (A) to a change in price of product (A) alone. :E s = frac{% mbox{change in quantity supplied{% mbox{change… …
5Elasticity (economics) — Economics …
6cross elasticity of demand — rate of change in the demand of a product in relation to the price changes of another product …
7cross elasticity of demand — /ˌkrɒs ɪlæˌstɪsɪti əv dɪ mɑ:nd/ noun changes in demand for an item depending on the selling price of a competing product …
8Elasticity — may refer to:*Elasticity (physics), continuum mechanics of bodies which deform reversibly under stressVarious uses are derived from this physical sense of the term, especially in economics:*Elasticity (economics), a general term for a ratio of… …
9Small but Significant and Non-transitory Increase in Price — In competition law, before deciding whether companies have significant market power which would justify government intervention, the test of Small but Significant and Non transitory Increase in Price is used to define the relevant market in a… …
10cross elasticity — rate of change in the demand of a product in relation to the price changes of another product …