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)

Category: Education

20 Terms

Created by: zzcgood

Number of Blossarys: 7

My Terms
Collected Terms

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

A resposta de uma mudança na demanda para uma mudança relativa no preço de outro bem. Mais especificamente a elasticidade cruzada da procura pode ser definida como a taxa de variação percentual da procura de uma boa devido a uma variação percentual no preço de outro bem. A elasticidade cruzada da procura quantitativamente identifica a relação teórica entre outros preços e demanda discutida pelos outros preços. Esta elasticidade deve ser comparada com elasticidade preço da demanda e elasticidade renda da demanda. Você pode querer verificar para fora a elasticidade para um pouco de fundo.

Domain: Economy; Category: Economics

Member comments


( You can type up to 200 characters )

Post  

seooo

https://www.digitekprinting.com/gator-board-posters has been my go-to ever since I was in college. Their services basically saved me from flunking out. Up until now, I always present my best work when they have gone through Digitek’s care and exceptional service.

05:35, 20 August 2022
My other Blossarys

These are complex terms used in in-depth economic ...

Category: Business

By: zzcgood

Special terms with detailed definition help you ...

Category: Other

By: zzcgood

Option is the right, but not the obligation, to ...

Category: Business

By: zzcgood

This glossary presents terms related to ...

Category: Business

By: zzcgood