DocumentCode
536693
Title
To Analysis the Relationship between the Demand Price Elasticity and Revenue
Author
Yang, Qingxu
Author_Institution
Sch. of Econ. Manage., Henan Polytech. Univ. (HPU), Jiaozuo, China
fYear
2010
fDate
7-9 Nov. 2010
Firstpage
1
Lastpage
3
Abstract
On the demand price elasticity and revenue, the traditional economics analysis result is that when E > 1, price and revenue reverse change; E <; 1, price and revenue are changing direction, Unit demand price elasticity, revenue is not with price changes ;But this conclusion is conditional. Through the proof: Unit price elasticity, any changes will reduce returns; When E <; 1, if prices don´t exceed 1 / E, the total income increase. E > 1,when prices drop as the range does not exceed 1 / E,total revenue increases.
Keywords
economics; elasticity; pricing; taxation; demand price elasticity; economics analysis; revenue; Economics; Educational institutions; Elasticity; Fluctuations; Marketing and sales; Mathematical model; Presses;
fLanguage
English
Publisher
ieee
Conference_Titel
E-Product E-Service and E-Entertainment (ICEEE), 2010 International Conference on
Conference_Location
Henan
Print_ISBN
978-1-4244-7159-1
Type
conf
DOI
10.1109/ICEEE.2010.5660441
Filename
5660441
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