总结于武大经济学课
一:Elasticities
Quantitative Aspects of How Prices Influence Demand or Supply ?
- Questions:
- Can lower price produce higher revenue to foodstuff? To Thailand rice? To cigarette? To cigarette of Golden Hibiscus?
- Can depreciation of RMB increase net export of China?Is bumper harvest good for peasants?
- Who pay the tax levied on cigarette? On cigarette of Golden Lotus?
The answer depends on responsiveness of sale to price changes.
二:Price Elasticity of Demand 需求的价格弹性
- The concept
- A measure of responsiveness of quantity demanded to price change
- The coefficient
系数
: the ratio of percentage change in quantity demanded to percentage change in price (ΔQ/Q)/(ΔP/P) = (ΔQ/ ΔP) * P/Q

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