TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

EFFET HICKS [1 record]

Record 1 2004-09-16

English

Subject field(s)
  • Pricing Theory
CONT

A change in the price of a good will reduce or increase the consumer's real income. In response to this change in real income we can expect the consumer to buy less (or more) of all goods including the one which has changed in price. This is the income effect of a price change.

French

Domaine(s)
  • Théorie des prix
CONT

Si le prix d'un produit baisse et que le prix des autres produits reste constant, le consommateur achète la même quantité du produit dont le prix a baissé et il consacre le pouvoir d'achat économisé à l'achat d'autres produits dont le prix est resté constant. C'est l'effet revenu ou effet Hicks.

Spanish

Campo(s) temático(s)
  • Teoría de fijación de precios
DEF

Impacto que los cambios de los precios de uno o más productos inducen en la renta real del consumidor.

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