英语词汇“cross elasticity”的翻译、意思、用法、释义-英汉经管词典

单词	cross elasticity
释义	cross elasticity Definition The amount of change in demand for a product that is observed for a given change in the price of another product. The cross elasticity observed by a business when substituting one item for another similar item is generally positive. Nevertheless, a rise in the price of an important input can lead to a decline in the price for products that use that input, resulting in a negative cross elasticity effect.
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