Meaning of cross elasticity of demand
Cross elasticity of demand
The following texts are the property of their respective authors and we thank them for giving us the opportunity to share for free to students, teachers and users of the Web their texts will used only for illustrative educational and scientific purposes only.
All the information in our site are given for nonprofit educational purposes
The information of medicine and health contained in the site are of a general nature and purpose which is purely informative and for this reason may not replace in any case, the council of a doctor or a qualified entity legally to the profession.
Economics terminology
Glossary of economics terms and concepts
Meaning and definition of cross elasticity of demand
The ratio of the percentage change in quantity demanded of one good to the percentage change in the price of some other good. A positive coefficient indicates the two products are substitute goods, a negative coefficient indicates they are complementary goods.
For the term cross elasticity of demand may also exist other definitions and meanings, the meaning and definition indicated above are indicative not be used for medical and legal or special purposes.
Source : http://www.freewebs.com/davreisman/H%20Econ%20Glossary.doc
Web site link of source to visit : http://www.reisman-ehs-socialstudies.org/honorseconomics.htm
Author : not indicated on the source document of the above text
If you are the author of the text above and you not agree to share your knowledge for teaching, research, scholarship (for fair use as indicated in the United States copyrigh low) please send us an e-mail and we will remove your text quickly.
Fair use is a limitation and exception to the exclusive right granted by copyright law to the author of a creative work. In United States copyright law, fair use is a doctrine that permits limited use of copyrighted material without acquiring permission from the rights holders. Examples of fair use include commentary, search engines, criticism, news reporting, research, teaching, library archiving and scholarship. It provides for the legal, unlicensed citation or incorporation of copyrighted material in another author's work under a four-factor balancing test. (source: http://en.wikipedia.org/wiki/Fair_use)
Google key word : cross elasticity of demand
Glossary of economics terms and concepts
Cross elasticity of demand
If you want to quickly find the pages about a particular topic as cross elasticity of demand use the following search engine:
Meaning and definition of cross elasticity of demand
What does it mean cross elasticity of demand and explanation
Please visit our home page
Larapedia.com Terms of service and privacy page