cross elasticity of demand

noun

an economic metric that measures the responsiveness of the quantity demanded for a good to a change in the price of another good

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Meanings

noun
  1. economicsan economic metric that measures the responsiveness of the quantity demanded for a good to a change in the price of another good

Synonyms & antonyms

Also see
cross-price elasticity of demand
Cite this entry
APA

cross elasticity of demand. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/cross%20elasticity%20of%20demand

MLA

“cross elasticity of demand.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/cross%20elasticity%20of%20demand. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “cross elasticity of demand,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/cross%20elasticity%20of%20demand.

Source: cross elasticity of demand on Wiktionary, CC BY-SA 4.0.