The cross price elasticity of demand measures how the demand for one good responds to price changes for another good.

Economists use elasticity of demand to gauge how responsive consumers are to changes in price and income, but investors can also use elasticity of demand to help make more informed investing ...

How Is Demand Affected by Cross-Elasticity? The cross-elasticity of demand is the relationship between the demand for one good when the price of its alternative changes.

In economics, the cross price elasticity of demand measures the responsiveness of the quantity demanded of one good (X), to a change in the price of another good (Y). As gas prices have soared ...

Introduction: Our goal was to measure the cross-price elasticity of electronic cigarettes (e-cigarettes) and simulated demand for tobacco cigarettes both in the presence and absence of e-cigarette ...

The economic concept, which describes consumers’ sensitivity to prices, is a hot topic as inflation soars and executives fret about profits.