百度试题 题目Demand is elastic if the price elasticity of demand is 相关知识点: 试题来源: 解析 greater than 1.反馈 收藏
网络需求弹性高 网络释义 1. 需求弹性高 在物业市场,供应和需求的弹性(elasticity)是不同的:供应弹性低(supply is inelastic),需求弹性高(demand is elastic)。所以短 … hk.finance.yahoo.com|基于7个网页
The demand for a good is elastic if the price elasticity of demand is:A.less than one
The demand for a good is elastic if the price elasticity of demand is: A. less than
The elasticity of demand refers to the change in demand when there is a change in another economic factor, such as price or income. Demand is considered inelastic if the demand for a good or service remains unchanged, even when the price changes. Elastic goods include luxury items an...
A good or service is considered perfectly elastic if the price elasticity is infinite, meaning demand changes substantially even with minimal price change. If price elasticity is greater than 1, the good is elastic; if less than 1, it is inelastic. ...
Therefore, the elasticity of demand is the percentage change in the quantity demanded as a result of a percentage change in the price of a product. Because the demand for certain products is more responsive to price changes, demand can be elastic or inelastic. When the demand for a product ...
The three cases of demand elasticity are as follows: Demand is elastic if ε<−1. This means that demand is relatively sensitive, and changes in price have a proportionally larger effect on demand. Demand is inelastic if −1<ε<0. This means that demand is relatively insensitive, meaning...
Demand is inelastic if it does not respond much to price changes, and elastic if demand changes a lot when the price changes.• Necessities tend to have inelastic demand.• Luxuries tend to have elastic demand.• Demand is elastic when there are close substitutes.• Elasticity is greater...
结果1 题目 If the price elasticity of demand for a good equals one, then the demand for that good is: A. perfectly elastic. B. inelastic. C. elastic. D. unit elastic. 相关知识点: 试题来源: 解析 unit elastic. 反馈 收藏