Sentences with ELASTICITIES
Check out our example sentences below to help you understand the context.Sentences
1
"The elasticities of demand for luxury goods tend to be higher than those for everyday necessities."
2
"Economists study the cross-price elasticities to understand how changes in one product's price affect the demand for another."
3
"The concept of elasticities enables economists to quantify the sensitivity of quantity demanded or supplied to various factors."
4
"Estimating accurate elasticities is important for businesses to make informed pricing and production decisions."
1
"The concept of elasticities is central to the study of economics."
2
"Different goods have different price elasticities of demand."
3
"Calculating elasticities requires both quantitative and qualitative analysis."
4
"The concept of elasticities helps economists understand market behavior."
5
"Understanding the concept of elasticities is fundamental in microeconomics."
6
"The concept of elasticities is also applicable in other disciplines besides economics."