Assertion: cross elasticity | /r/CapableOf | demand of one good
Facets:
Source sentences:
text: The cross elasticity of demand is an economic concept that measures the responsiveness in the quantity demanded of one good when the price for another good changes.
text: The cross elasticity of demand is an economic concept that measures the responsiveness in the quantity demanded of one good when the price for another good changes.
text: The cross elasticity of demand is an economic concept that measures the responsiveness in the quantity demanded of one good when the price for another good changes.
text: The cross elasticity of demand is calculated by dividing the percent change of the quantity demanded of one good divided by the percent change in the price of a substitute good.