Words similar to own-price
Example sentences for: own-price
How can you use “own-price” in a sentence? Here are some example sentences to help you improve your vocabulary:
Using BLS weights, can compute an estimate of the aggregate US population demand function for postage from the household sector as the weighted sum of sample household level-demand functions Can compute own-price and cross-price elasticities of aggregate household demand for postage using this aggregate demand function.
If i = j, then it is the own-price elasticity of demand, otherwise magnitude is called the cross-price elasticity of demand.
they illustrate 1) Decline in revenue share from household sector 2) Increasing, in absolute value, own-price elasticity 3) Increasing substitutability away from postage consumption with computer use 4) Increasing substitutability between postage and telephone consumption.
In general, an X% own-price increase in a product with an own-price elasticity of , increases revenues by X(1 + ,)%.
Substantial increase in absolute value of own-price elasticity of aggregate household demand from 1986 to 1994, from -0.