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1- Availability of substitutes
2- Market Structure (degree of competition)
3- Proportion of income spent on good
4- Time horizon
5- Nesessities v. Luxuries
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What are the determinants of income elasticity of demand?
write a note on determinates of income elasticity of demand
What are the 3 determinants of supply elasticity?
people not stealing
What is the determinants of price elasticity of demand?
the major determinants of price elasticity of demand Use own your own help and VU handouts, and listen to VU lecture carefully
Describe three determinants of demand elasticity?
These three determinants are listed here: nature of commodity -the more perishable a good,lower will its elasticity of demand,middle income groups have highly elastic demand ,goods having alternative uses have elastic demand,for eg.milk
List and explain the four determinants of the price elasticity of demand?
Bonda bajji ladu gobimanchuri samosa
What are the determinants of income elasticity of demand?
write a note on determinates of income elasticity of demand
What are the 3 determinants of supply elasticity?
people not stealing
What is the determinants of price elasticity of demand?
the major determinants of price elasticity of demand Use own your own help and VU handouts, and listen to VU lecture carefully
Describe three determinants of demand elasticity?
These three determinants are listed here: nature of commodity -the more perishable a good,lower will its elasticity of demand,middle income groups have highly elastic demand ,goods having alternative uses have elastic demand,for eg.milk
List and explain the four determinants of the price elasticity of demand?
Bonda bajji ladu gobimanchuri samosa
What is determinants of price elasticity of demand?
The rate of change of price and the rate of change of demand as a function of price.
What do you call a good whose income elasticity is less elasticity of demand?
A. Explain whether demand would tend to be more or less elastic for each of the following three determinants of elasticity demand.1. Availability of substitute goods2. Share of consumer income devoted to a good3. Consumer's time horizon
Determinants of own price elasticity of demand?
1. Number of Substitute Products - the greater the number of substitute products, the greater is its own price elasticity of demand. 2. Price of Product Relative to consumers income - the greater the price of product relative to consumers income the greater is it Price Elasticity. 3. Nature of Goods - whether it is luxury good or necessity goods. 4. Passage of Time - the longer the time lapsed the greater Price Elasticity. Hope this answer helps... :)
What are motivators and determinants?
What is a Motivants and Determinants
What is the modulus of elasticity for pipe API 5L X65?
Modulus of elasticity will be 2.06*10^5 N/mm2
What are personal determinants?
There are many determinants of personality. These determinants are largely dependent on the environment that a child grows up in.
What are 5 determinants of service quality for a bank?
tangibility, reliability, responsiveness, empathy and assurance
