Home > Blossary: Glossary for Principles of Macroeconomics/Microeconomics
Useful terms for students who major in economy or who learn Principles of Macroeconomics/Microeconomics (N. Gregory Mankiw)

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Created by: zzcgood

Number of Blossarys: 7

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The relative response of a change in demand to a relative change in the price of another good. More specifically the cross elasticity of demand can be defined as the percentage change in demand for one good due to a percentage change in the price of another good. The cross elasticity of demand quantitatively identifies the theoretical relationship between other prices and demand discussed by the other prices. This elasticity should be compared with price elasticity of demand and income elasticity of demand. You might want to check out elasticity for a little background.

Domain: Economy; Category: Economics

Suhtelised kalibreerimistegurid nõudluse muutumine teise hea hinna suhteline muutus. Täpsemalt rist nõudluse elastsus võib määratleda kui üks hea teine hea hinna muutusele protsent nõudluse muutust protsentides. Rist elastsus nõudluse tuvastab kvantitatiivselt teoreetiline seos muude hindade ja arutada teiste hindade nõudlusega. Konsultatsioonil tuleks võrrelda nõudluse hinna elastsus ja nõudluse sissetuleku elastsus. Võite vaadata läbi natuke tausta elastsus.

Domain: Economy; Category: Economics

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