Concept information
Término preferido
elasticity of demand
Definición
- The quantity demanded of a good or service responds to changes in its own price, changes in the price of other goods or services, and changes in consumer income. Demand elasticities measure the responsiveness of the quantity demanded to changes in these factors. [Source: Encyclopedia of Health Care Management; Elasticity of Demand]
Concepto genérico
Pertenece al grupo
URI
http://data.loterre.fr/ark:/67375/N9J-N6R09VG1-L
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