TERMIUM Plus®

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ELASTIC DEMAND [2 records]

Record 1 1994-11-24

English

Subject field(s)
  • Economics

French

Domaine(s)
  • Économique

Spanish

Campo(s) temático(s)
  • Economía
Save record 1

Record 2 1983-10-11

English

Subject field(s)
  • Laws of the Market (Economy)
CONT

When the percentage change in quantity is greater than the percentage change in price (elasticity greater than one), the demand is said to be elastic.

French

Domaine(s)
  • Lois du marché (Économie)
CONT

Quand l'élasticité a une valeur numérique plus grande que 1, la demande est élastique : l'accroissement de la demande est plus que proportionnel à la baisse du prix.

Spanish

Save record 2

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