All Rights Reserved
AccessEcon LLC 2006, 2008.
Powered by MinhViet JSC

Manuel Sánchez-Moreno and J. Ramón Ruiz-Tamarit
''Elasticity and revenue: do we need a reappraisal?''
( 2002, Vol. 4 No.17 )
The relationship between price-elasticity of demand, price variations and total revenue changes might be considered as one of the most widely accepted results arising from consumer theory. Recently, however, this relationship has been put under suspicion on the basis of a misinterpretation of what economists have in mind when writing about it. In this paper we try to clarify concepts incorporating new elements into discussion with the aim of reaffirming the validity of this relationship.
Keywords: Price elasticity
Manuscript Received : Sep 04 2002 Manuscript Accepted : Sep 04 2002

  This abstract has been downloaded 1938 times                The Full PDF of this paper has been downloaded 155791 times