English-Nepali Dictionary
Price Elasticity
मूल्य लोच (Mulya Loch)
Definition (Noun)
The measure of the responsiveness of demand or supply of a good to a change in its price.
"Luxuries have higher price elasticity than necessities."
"आवश्यक वस्तुको तुलनामा विलासी वस्तुको मूल्य लोच उच्च हुन्छ।"
Trending Searches
Barala Nepali Dictionary
The most comprehensive online resource for translations. Designed for students, researchers, and language learners.
Romanized Search
Academic Accuracy
Frequently Asked Questions
The meaning of Price Elasticity in Nepali is मूल्य लोच. In Romanized Nepali, it is written as Mulya Loch.
As a Noun, the word "Price Elasticity" is defined as: The measure of the responsiveness of demand or supply of a good to a change in its price..
"मूल्य लोच" is known as "Price Elasticity" in English.
An example of "Price Elasticity" in a sentence is: "Luxuries have higher price elasticity than necessities."