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To estimate the point elasticity of the demand curve, we differentiate the demand function and evaluate the derivative at the chosen price.
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To estimate the point elasticity of the demand curve, we differentiate the demand function and evaluate the derivative at the chosen price.
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Related words
point elasticity
Noun
Japanese Meaning
ある特定の点における、入力の相対的な微小変化に対して出力の相対的な変化の割合。 / 微小な変化がある点において、関数の出力の値が入力の変化にどれだけ敏感かを表す尺度。
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