This digital document is an article from American Economist, published by Omicron Delta Epsilon on September 22, 2009. The length of the article is 2016 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available immediately after purchase. You can view it with any web browser.
From the author: The authors demonstrate that most textbooks are ambiguous at best in their treatment of cross price and income elasticity of demand. There is also no discussion of what initiates a price increase in discussions of substitutes and complements in the textbooks examined. The authors offer a remedy for these deficiencies.
Citation Details Title: Cross price elasticity and income elasticity of demand: are your students confused? Author: Philip E. Graves Publication:American Economist (Magazine/Journal) Date: September 22, 2009 Publisher: Omicron Delta Epsilon Volume: 53 Issue: 2 Page: 107(4)