Demand Price

Demand Price

The price for a good or service as determined by how much potential buyers want the good or service at a given level of supply. As demand for the product rises (assuming a constant supply), so does the demand price. Likewise, the demand price falls as demand drops. One uses the demand curve to calculate the demand price.
References in periodicals archive ?
Therefore, if the poor have a much larger demand price elasticity, [3] in absolute value, then an increase in cigarette taxes would not be regressive.
The demand price elasticity for the short-term ([[beta].
Table 2 reports that the long-run demand price elasticity of cigarette consumption in Peru was -0.
Cigarette demand is inelastic to price and income, however, the demand price elasticity is a bit larger in absolute value than the income elasticity.
Table 3 presents estimations of the total demand price elasticity evaluated for the average per-capita household income and the same elasticity by terciles of per-capita household income.
Table 3 shows an average demand price elasticity of -0.
To see if the unit values are a good approximation for prices, demand price elasticity was estimated according to Deaton's methodology (10).
Table 4 shows the estimates of the demand price elasticity, the total expenditure elasticity with respect to the number of cigarettes consumed, and the total expenditure elasticity with respect to the unit value.
Using two information sets, we estimated the total demand price elasticity to be -0.
The average demand price is at its highest level ever, up annually for the first time in five months.
Demand prices, measured using the price homebuyers indicate they are willing to pay for a new home when searching on SmartNewHomes.