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STUDY ON INDICATIVE FUNCTION OF ELASTICITY OF DEMAND IN INDUSTRIAL ACTIVITIES |
YUE Yun-hua, YANG Xing-li, CHEN Jun-hua |
Dep. of Geography, southwest Normal University, Chongqing 400715, China |
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Abstract Demand elasticity has strong indicative function in industrial activities. Based on elastic demands for coexistence of economic variables,this thesis aims to study on how to apply demand elasticity to guide industrial activities,which will be of great significant. Combining with explanation of demand elasticity this thesis first generalizes its mathematical basis,then discussed the indicative function in three aspects:elasticity of price,elasticity of income and elasticity of cross.
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Received: 31 January 1999
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