elasticity of substitution

Term · Agriculture and food · MLC-T-AGR-002084

A measurement of the effect on consumption of each of two goods if the price of the other changes.

Table 1. Record
Identifier	MLC-T-AGR-002084
Field	Agriculture and food
Subject	Economics, Trade, Law, Business, Industry
References	NAL Agricultural Thesaurus and Glossary
See also	elasticities
Translations	Spanish: elasticidad de sustitución

Record as JSON

{
  "id": "MLC-T-AGR-002084",
  "term": "elasticity of substitution",
  "field": "Agriculture and food",
  "definition": "A measurement of the effect on consumption of each of two goods if the price of the other changes.",
  "subject": "Economics, Trade, Law, Business, Industry",
  "see_also": [
    "elasticities"
  ],
  "references": [
    "NAL Agricultural Thesaurus and Glossary"
  ],
  "translations": {
    "es": "elasticidad de sustitución"
  },
  "url": "https://mlchart.com/terminology/agriculture/elasticity-of-substitution/"
}

Record 2,084 of 6,908 in Agriculture and food terminology (MLC-0114). Request the full dataset.