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单词 elasticity of demand
释义
elasticity of demand
noun [ U ]
ukus(also price elasticity of demand)
ECONOMICS
the degree to which the number of products sold changes when the product's price changes:
The report explains how the elasticity of demand and the nature of production influence the extent to which profits are affected by changes in exchange rates.
See also
income elasticity of demand
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更新时间:2025/2/23 14:03:06