文章基本信息

标题：Elasticity and revenue: a reappraisal
本地全文：下载
作者：Antonio Quesada
期刊名称：Economics Bulletin
电子版ISSN：1545-2921
出版年度：2002
卷号：4
出版社：Economics Bulletin
摘要：It seems from what is explained in some textbooks that, for a given demand function, price and total revenue move in the same direction when elasticity is smaller than one and move in opposite directions when elasticity is greater than one, with elasticity from point (p, q) to point (p', q'') of a demand function defined as – [(q'' – q) / q] / [(p''– p) / p]. Since these two results turn out to be false, this comment clarifies the relationship between elasticity (as previously defined), price movements and changes in total revenue.
关键词：price change