We often say that "pants are very elastic" means fat or thin.
Do you understand?
Question 2: What do you mean by flexible working hours? Flexible working system means that employees can freely choose the specific time schedule of work on the premise of completing the specified work tasks or fixed working hours, rather than unifying the fixed commuting time system.
Question 3: What do you mean by flexible working hours? Just follow the common 8-hour working day system on the market now. Flexible working system means that as long as you work in the company for more than 8 hours every day, you don't have to keep the commuting time limit of 8: 00 am-65438+07: 00 pm.
Question 4: What does it mean to say that a person is rigid? It should be a hint that this person cannot be "flexible". Emotion is invisible, whether it is expression or words, that is, people speak tactfully.
Question 5: Definition of Elasticity in Western Economics Theory of Elasticity (I) Definition of Elasticity In economics, elasticity refers to the percentage change of one variable corresponding to the percentage change of another variable to reflect the sensitivity of changes between variables, such as the price change of 1% and the percentage change of demand.
Elasticity can be measured by elastic coefficient, and elastic coefficient = Y change percentage /X change percentage.
(II) Price Elasticity of Demand The definition of price elasticity of demand is simply called demand elasticity or price elasticity, indicating the degree of demand change caused by a certain degree of price change in a certain period of time. We usually use price elasticity coefficient to express it: demand price elasticity coefficient = demand change percentage/price change percentage: q represents the demand of a commodity; P stands for the price of goods; DQ represents the changing value of demand; DP represents the value of price changes; Ed stands for price elasticity coefficient, then:
According to the elasticity coefficient of demand price, commodity demand can be divided into five categories:. Completely inelastic, inelastic, unit elastic, elastic and infinite elastic.
Factors Affecting Price Elasticity of Demand
The nature of products, generally speaking, the elasticity of demand necessary for life is small, and the elasticity of demand for luxury goods is large.
The number of commodity substitutes, the more substitutes, when the price of a commodity increases, the easier it is for consumers to turn to other commodities, so the greater the flexibility, and vice versa.
Widespread use of goods, if a commodity has a wide range of uses, when the price of goods increases, consumers can appropriately reduce the demand for various uses, so that the greater the flexibility, the smaller the opposite.
The proportion of commodity consumption expenditure to consumer budget expenditure, when a commodity accounts for a small proportion of consumer budget expenditure, consumers will not pay much attention to its price changes. For example, if you buy a pack of chewing gum, you may not pay much attention to the price change.
Generally speaking, the shorter the time for consumers to adjust their demand, the smaller the price elasticity of demand. On the contrary, the longer the adjustment time, the greater the price elasticity of demand. For example, if the price of gasoline rises, it will not affect their demand in the short term, but in the long run, people may look for substitutes, which will have a significant impact on demand.
Calculation of elasticity coefficient of demand price: meaning and expression of arc elasticity and point elasticity
1) arc elasticity is the price elasticity calculated according to the price and demand between two points on a commodity demand curve.
Assuming that the two points on the consumer demand curve for a certain commodity are A and B, and the combination of price and purchase quantity is (P 1Q 1) and (P2Q2) as shown in the figure, then DP and DQ can be obtained immediately, but when considering the percentage change of price and demand, should P 1, Q 1 or P2 be chosen? In order to solve this problem, economists have adopted a flexible but very effective scheme, which is represented by the midpoint of AB, because
2) point elasticity measures the reaction degree of a point on the demand curve to the infinitesimal change rate of price, and its calculation formula is
This elastic coefficient is only related to the slope dQ/dP of the point (p, q) on the demand curve, so it is called point elasticity, which can accurately reflect the elastic value of each point on the demand curve.
(III) Other Definitions of Demand Elasticity income elasticity of demand and income elasticity of demand are referred to as income elasticity for short, which indicates the reaction degree between consumer income and commodity demand in a certain period: income elasticity of demand coefficient = percentage change of demand/percentage change of income, where Em stands for income elasticity of demand coefficient, M stands for income and DM stands for income increase or decrease.
rule
For ordinary goods, Em>0, if Em 1 indicates that the increase in demand exceeds the increase in income, the goods are luxury goods. 0 & gt
Question 6: The method of doing things is flexible. What do you mean, methods can be flexible?
Question 7: What does elasticity mean? Hello, classmate, I'm glad to answer your question!
The word you said belongs to the vocabulary of futures industry. Mastering the vocabulary of futures industry can make you feel at home in the study of futures industry. The translation and meaning of this word are as follows: the sensitivity of one variable to another variable. More specifically, it refers to consumers' reaction to price changes.
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