Isoelastic function
id:
isoelastic-function-289-4393153
title:
Isoelastic function
text:
In mathematical economics, an isoelastic function, sometimes constant elasticity function, is a function that exhibits a constant elasticity, i.e. has a constant elasticity coefficient. The elasticity is the ratio of the percentage change in the dependent variable to the percentage causative change in the independent variable, in the limit as the changes approach zero in magnitude. For an elasticity coefficient r , the function's general form is given by where k and r are constants. The elastici
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wiki
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encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Isoelastic_function
date created:
date modified:
2024-01-25T18:04:13Z
main entity:
{"identifier":"Q6085632","url":"https://www.wikidata.org/entity/Q6085632"}
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13
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