Translations for „elastic demand“ in the English » Arabic Dictionary

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elastic demand ECON

elastic demand

طلب مرن

Monolingual examples (not verified by PONS Editors)

English

The major domestic appliance market is a notoriously difficult market to operate in: limited brand loyalty, fierce competition and elastic demand have stifled the industry's profitability.

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For any monopoly, the price markup should be inverse to the price elasticity of demand: the more elastic demand for the product, the smaller the price markup.

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