H. Xiao
Abstract
The demand is affected by price and income, classified as price elasticity of demand, income elasticity of demand and cross elasticity of demand. But the selling is affected by more factors, therefore it is appeared differ from ordinary elasticity of demand.
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The demand is affected by price and income, classified as price elasticity of demand, income elasticity of demand and cross elasticity of demand. But the selling is affected by more factors, therefore it is appeared differ from ordinary elasticity of demand.
Key concepts: Wealth elasticity of demand, Price elasticity of demand, Elasticity (physics), Income elasticity of demand, Cross elasticity of demand, Economics, Demand curve, Market demand schedule