Meaning PRICE ELASTICITIES: The percentage change in quantity divided by a percentage change in the price. Answers the question: How much will the demand for my product decrease if I raise prices by 10%?
More terms such as Price elasticities in Dictionary P.
- Definition Price Discovery Process:
- Examples The process of determining the prices of assets in the marketplace through the interactions of buyers and sellers price elasticities definition.
- Definition Plus:
- Examples price in 64ths. Dealers in government bonds normally give price quotes in 32nds. To quote a bid or offer in 64ths, they use pluses; a dealer who bids 4+ is bidding the handle plus 4/32 + 1/64, which price elasticities explain.
- Definition Principal Amount:
- Examples The face amount of debt; the amount borrowed or lent. Often called principal price elasticities what is.
- Definition Parallel Loan:
- Examples two companies in different countries borrow each other's currency for a specific period of time, and repay the other's currency at an agreed maturity for the purpose of reducing foreign price elasticities meaning.
- Definition Piggybacking:
- Examples trading stocks, bonds or commodities in a personal account following a trade just made for a customer. The broker assumes that the customer is making the trade on valuable inside information. Illegal price elasticities abbreviation.