Nachfrageschwankung - translation to English
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Nachfrageschwankung - translation to English


Nachfrageschwankung      
n. demand elasticity, rate of change in a product's demand in relation to the rate of change in its price
demand elasticity         
  • The illustration that accompanied Marshall's original definition of elasticity, the ratio of PT to Pt
  • A set of graphs shows the relationship between demand and revenue (PQ)   for the specific case of a linear demand curve. As price decreases in the elastic range, the revenue increases, but in the inelastic range, revenue falls. Revenue is highest at the quantity where the elasticity equals 1.
  • When demand is more inelastic than supply, consumers will bear a greater proportion of the tax burden than producers will.
ELASTICITY OF DEMAND
Elasticity of demand; Price elasticity; Demand elasticity; Price sensitivity; Price elastic; Inelastic demand; Price Elasticity of demand; Own price elasticity of demand; Price Elasticity of Demand
Elastizität der Nachfrage (Nachfrageschwankung aufgrund Preisänderung)