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ոչ էլաստիկ պահանջարկ
Situation where the demand for a product does not increase or decrease correspondingly with a fall or rise in its price. From the supplier's viewpoint, this is a highly desirable situation because price and total revenue are directly related; an increase in price increases total revenue despite a fall in the quantity demanded.
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- Part of Speech: noun
- Synonym(s): captive demand_₀
- Blossary:
- Industry/Domain: Economy
- Category:
- Company:
- Product:
- Acronym-Abbreviation:
Other Languages:
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