Read this article in Hindi to learn about the concept of cross elasticity of demand for a particular commodity. आड़ी लोच का प्रतिपादन वस्तुतः मूर (Moore) ने अपनी पुस्तक 'Synthetic Economics' में किया था किन्तु इस विचार की विस्तृत एवं वैज्ञानिक व्याख्या रॉबर्ट ट्रिफिन (Robert Triffin) ने अपनी पुस्तक 'Theory of Value' में की है । कुछ वस्तुएँ इस प्रकृति [...]
In this article we will discuss about the cross elasticity of demand, explained with the help of suitable diagram. Cross elasticity provides a convenient basis for studying the relationship between two different commodities. Cross elasticity of demand is the degree to which the quantity demanded of one commodity responds to a change in the market price of another commodity. The [...]
In this article we will discuss about the formula for calculating the cross-elasticity of demand. Also learn about the use and application of the concept of cross-elasticity of demand. The responsiveness of the demand for a good Y in response to a change in the price of another good X is called the cross-elasticity of demand for good Y with [...]