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To compare responses to price changes at different scales, economists often compute arc elasticity between two points on the demand curve.
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To compare responses to price changes at different scales, economists often compute arc elasticity between two points on the demand curve.
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Related words
arc elasticity
Noun
Japanese Meaning
与えられた2点間で、ある変数に対する別の変数の反応度(弾性)を評価する尺度。 / 2点間の変化割合に基づいて算定される、変数間の弾力性の値。
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