cross elasticity

rate of change in the demand of a product in relation to the price changes of another product

English contemporary dictionary. 2014.

Look at other dictionaries:

  • Cross elasticity of demand — Economics …   Wikipedia

  • Cross 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 …   Investment dictionary

  • cross elasticity of demand — rate of change in the demand of a product in relation to the price changes of another product …   English contemporary dictionary

  • cross 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 …   Marketing dictionary in english

  • Elasticity — 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… …   Wikipedia

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  • elasticity — /i la stis i tee, ee la stis /, n. 1. the state or quality of being elastic. 2. flexibility; resilience; adaptability: a statement with a great elasticity of meaning. 3. buoyancy; ability to resist or overcome depression. 4. Physics. the property …   Universalium

  • Elasticity of cell membranes — A cell membrane defines a boundary between the living cell and its environment. It consists of lipids, proteins,carbohydrates etc. Lipids and proteins are dominant components of membranes. One of the principal types of lipids in membranes is… …   Wikipedia

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  • Price 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… …   Wikipedia

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