equivalent variation

noun

The measure of how much money a consumer would pay before a price increase, to avoid the price increase.

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Meanings

nounequivalent variation (plural equivalent variations)

plural equivalent variations

  1. economicsThe measure of how much money a consumer would pay before a price increase, to avoid the price increase.
Cite this entry
APA

equivalent variation. (n.d.). In WatkinsX Dictionary. Retrieved November 3, 2026, from https://dictionary.watkinsx.com/word/equivalent%20variation

MLA

“equivalent variation.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/equivalent%20variation. Accessed November 3, 2026.

Chicago

WatkinsX Dictionary, s.v. “equivalent variation,” accessed November 3, 2026, https://dictionary.watkinsx.com/word/equivalent%20variation.

Source: equivalent variation on Wiktionary, CC BY-SA 4.0.