Even branded goods are sometimes forced to rely on that elasticity of demand to boost flagging sales. |
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But various studies have shown that the price elasticity of demand for UK exports is low. |
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In such cases, it can also be said that the income elasticity of demand is also low or inelastic. |
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However, lowering water prices is a dangerous way to improve cost recovery, unless the price elasticity of demand is known. |
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The education department says it has little evidence of the elasticity of demand for courses. |
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Moreover, Cournot introduced the idea of elasticity of demand, though he did not use that phrase. |
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Own price elasticity of demand for product X is at measure of the responsiveness of demand for X to a percentage change in its own price. |
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Generally, price elasticity of demand can be divided into single time interval and multi time intervals response. |
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Some wholesale market issues can be traced back to an insufficient elasticity of demand. |
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That is, the parties set prices according to the perceived level of lysine's own price elasticity of demand. |
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It has been shown that the greater the need for a trip, the lower the elasticity of demand. |
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There is,of course, elasticity of demand, in this case a price elasticity of demand. |
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In contrast to sensitivity of demand to changes in price, income elasticity of demand for organic foods is generally small. |
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The model assumes that producers face an elasticity of demand that is a positive function of their price. |
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The price elasticity of demand for outbound international calls is a key element in considering the effects of the various scenarios. |
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It is inflexible in its use and the services it produces have a low elasticity of demand. |
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Price elasticity of demand is the percentage change in quantity demanded divided by the percentage change in price. |
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Price elasticity of demand for organic products is a related aspect of consumer willingness-to-pay. |
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Each price is set so that its percentage deviation from marginal cost is inversely proportional to the item©s price elasticity of demand. |
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For facilities or services exposed to greater elasticity of demand, such as tollroads, it might not be possible to keep the concessionaire's rate of return constant by regular tariff adjustments. |
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Income elasticity of demand is not constant with respect to income, and may change sign at different levels of income. |
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The income elasticity of demand for any good is a measure of the relationship between a percentage change in income and the percentage change in the demand for that good. |
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Any determinant of price elasticity of demand can be used to segment markets. |
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Arc' price elasticity of demand calculates the ratio of percentage change in quantity demanded to percentage change in price using two observations on price and quantity demanded. |
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But in reality, the price elasticity of demand is not zero. |
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The price elasticity of demand in the market in question is low. |
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The smaller the price elasticity of demand, the smaller the changes in consumer demand in response to a price change of the product and vice versa. |
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The jewellery market outside Japan is likely to have a limited price elasticity of demand, since platinum jewellery is a special, 'up-market' product. |
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In Transport Canada's model, consumer behaviour is represented by assumptions about consumers' price elasticity of demand, their valuation of potential fuel savings, and the rebound effect. |
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Even though he may pass on the levy in whole or in part, depending on the price elasticity of demand, it cannot be inferred therefrom that the financial burden has been transferred. |
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Organic produce retailers tend to be quite sensitive to consumers' price elasticity of demand, partly because price premiums negatively affect consumer purchases. |
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The effectiveness of energy taxation in altering consumer behaviour is doubted by some, pointing to poor price elasticity of demand, notably in transport. |
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The expected change in water demand can be approximated fairly accurately by taking the product of the percentage change in price and that consumer group's price elasticity of demand. |
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The price elasticity of demand depends on a host of factors, including the perceived importance of a particular product, the availability of alternative products, purchasers' income levels and brand image and so on. |
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But it would have reduced affordability and assumed elasticity of demand. |
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Even in this case, the existence of additional benefits depends on the cross elasticity of demand in the alternative mode with respect to the change in the generalized cost of travelling by train. |
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The firm faces a constant elasticity of demand for its output equal to. |
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The third point, which has always been ignored by the models, is that there is no elasticity of demand when there is an evolution in purchasing power. |
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The smaller the transport intensity of an industry, the lower also the elasticity of demand for the products of this industry with respect to transport prices. |
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The changes in the prices of the products discussed below will affect the values and volumes of sales according to both the income elasticity of demand and the own price elasticities of demand exhibited by the households. |
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