This price elasticity would cause price stability, unlike the current inelastic price curve for gasoline, which causes price instability.
32.
They have found that the price elasticity of demand for " business solutions " is much less than for hardware.
33.
Essentially, the Marshall Lerner condition is an extension of Marshall's theory of the price elasticity of demand to foreign trade.
34.
Price elasticities are almost always negative, although analysts tend to ignore the sign even though this can lead to ambiguity.
35.
The equation defining price elasticity for one product can be rewritten ( omitting secondary variables ) as a linear equation.
36.
IHG determined that calculating price elasticity at very granular levels to a high degree of accuracy still was not enough.
37.
The degree of complementarity, however, does not have to be mutual; it can be measured by cross price elasticity of demand.
38.
"I expect the new Venezuelan government will ratify the agreement due to current price elasticity and weak demand, " he said.
39.
He has worked for leading FMCG companies for their problems related to secondary distribution network, price elasticity and continuous replenish system.
40.
Thus, one can never be sure of the price elasticity of demand of the various commodity groups of imports and exports.
