 The elasticity (or responsiveness) of demand in a market is great or small according as the amount demanded increases much or little for a given fall in price, and diminishes much or little for a given rise in price1.  Principles of Economics - Сторінка 150автори: Alfred Marshall - 1891 - 770 стор.Повний перегляд - Докладніше про цю книгу
 | Alfred Marshall - 1892 - 496 стор.
...that it dimidemandty°f nishes, other things being equal, with every increase in his supply of that commodity. But this diminution may be slow or rapid....diminishes much or little for a given rise in price1. § 2. The price which is so high relatively to the poor man varies with as to ^)e almost prohibitive,... | |
 | 1925 - 822 стор.
...relative changes are infinitesimal. In Professor Marshall's words: The elasticity (or responsiveness) of demand in a market is great or small according...and diminishes much or little for a given rise in price. We may say that the elasticity of demand is one, if a small fall in price will cause an equal... | |
 | Alfred Marshall - 1899 - 448 стор.
...rise. As with the demand of one person so with that of a whole market. And we may say generally : — -The elasticity of demand in a market is great or...and diminishes much or little for a given rise in price. § 2. The price which is so high relatively to the poor man as to be almost prohibitive, may... | |
 | Alfred Marshall - 1899 - 456 стор.
...demand is small. And as with the demand of one person so with that of a whole market. The ELASTICITY OP DEMAND in a market is great or small according as...diminishes much or little for a given rise in price1. § 2. The price which is so high relatively to the poor man , as to be almost prohibitive, may be scarcely... | |
 | Alfred Marshall - 1903 - 574 стор.
...rise. As with the demand of one person so with that of a whole market. And we may say generally : — The elasticity of demand in a market is great or small...and diminishes much or little for a given rise in price. much of it as he has n fancy for, without giving himself a thought of its cost. We shall therefore... | |
 | Sir Sydney John Chapman - 1908 - 526 стор.
...through small oscillations of trade. We may notice, secondly, that the contrast should not be drawn 1 ' The elasticity of demand in a market is great or small...and diminishes much or little for a given rise in price. . . . Speaking more exactly, we may say that the elasticity of demand is one, if a fall of one... | |
 | Sydney John Chapman - 1908 - 530 стор.
...through small oscillations of trade. We may notice, secondly, that the contrast should not be drawn 1 ' The elasticity of demand in a market is great or small according as the amount demanded increases mnch or little for a given fall in price, and diminishes much or little for a given rise in price.... | |
 | 1910 - 500 стор.
...goes down the demand increases." * This is based on Marshall's dictum that " the elasticity of demand3 in a market is great or small according as the amount...and diminishes much or little for a given rise in price." 3 It is, as we know, made the basis of many pages of very difficult mathematical reasoning... | |
 | William Pickering Rutter - 1911 - 340 стор.
...; and " 4. That there should be facilities for bargaining and payment." Professor Marshall says : " The Elasticity of Demand in a market is great or small,...and diminishes much or little for a given rise in price. If a fall in price is followed by increased total takings, demand is said to have an elasticity... | |
 | Edwin Griswold Nourse - 1916 - 934 стор.
...stretches itself out a great deal under the action of a small inducement: the elasticity of his wants, we may say, is great. In the latter case the extra...and diminishes much or little for a given rise in price. The case of necessaries is exceptional. When the price of wheat is very high, and again when... | |
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