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en:types-of-elasticity

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 en:types-of-elasticity [2015/07/28 10:24]federico en:types-of-elasticity [2015/08/06 15:48] (current)federico Both sides previous revision Previous revision 2015/08/06 15:48 federico 2015/07/28 10:24 federico 2015/07/28 10:12 federico Se creó la traducción de la página 2015/08/06 15:48 federico 2015/07/28 10:24 federico 2015/07/28 10:12 federico Se creó la traducción de la página Line 5: Line 5: In economics, supply and demand functions have several inputs: the price of the good, the price of other goods and the income. ​ In economics, supply and demand functions have several inputs: the price of the good, the price of other goods and the income. ​ - When we calculate the elasticity of demand taking the price of the good that we are analyzing into account, we are calculating the **price elasticity of demand**. + When we calculate the elasticity of demand taking the price of the good that we are analyzing into account, we are calculating the **[[price elasticity of demand]]**. - When we take the price of other goods into account, we are calculating the **cross elasticity of demand**. + When we take the price of other goods into account, we are calculating the **[[cross elasticity of demand]]**. - When we measure the change in the demand of a good, when the income changes, we calculate the **income elasticity of demand**. ​ + When we measure the change in the demand of a good, when the income changes, we calculate the **[[income elasticity of demand]]**. The value of the elasticity can be: The value of the elasticity can be: 