Home > Terms > Armenian (HY) > պերճանքի առարկաներ

պերճանքի առարկաներ

Goods and services that have a high elasticity of demand. When the price of, say, a Caribbean holiday rises, the number of vacations demanded falls sharply. Likewise, demand for Caribbean holidays rises significantly as average income increases, certainly by more than demand for many normal goods. Contrast this with necessities, such as milk or bread, which people usually demand in quite similar quantities whatever their income and whatever the price.

0
Dodaj v Moj glosar

Kaj želite sporočiti?

Za sodelovanje v razpravah se morate vpisati.

Terms in the News

Featured Terms

Isanyan
  • 0

    Terms

  • 0

    Glosarji

  • 5

    Followers

Industrija/področje: Sociology Category: General sociology

էլեկտրոնային առևտուր

Numerous ways that people with access to the Internet can do business from their computers.

Featured blossaries

EIM Teaminology

Kategorija: Health   1 1 Terms

Discworld Books

Kategorija: Literature   4 20 Terms

Browers Terms By Category