{"id":273,"date":"2010-10-25T19:08:02","date_gmt":"2010-10-26T01:08:02","guid":{"rendered":"http:\/\/opengecko.com\/economics\/cross-price-elasticity-and-income-elasticity\/"},"modified":"2010-10-28T12:28:33","modified_gmt":"2010-10-28T18:28:33","slug":"cross-price-elasticity-and-income-elasticity","status":"publish","type":"post","link":"https:\/\/opengecko.com\/geckoview\/economics\/cross-price-elasticity-and-income-elasticity\/","title":{"rendered":"Cross Price Elasticity and Income Elasticity"},"content":{"rendered":"<p>&#160;<\/p>\n<h4>1) Cross Price Elasticity of Demand<\/h4>\n<p>&#160;<\/p>\n<p>A video from <a href=\"http:\/\/www.youtube.com\/user\/pajholden\"><strong>pajholden<\/strong><\/a> (click on the image below \u2013 this video can\u2019t be embedded).<\/p>\n<p><a href=\"http:\/\/www.youtube.com\/watch?v=blA5cFnq8Bw\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" title=\"image\" border=\"0\" alt=\"image\" src=\"https:\/\/opengecko.com\/geckoview\/wp-content\/uploads\/2010\/10\/image1.png\" width=\"550\" height=\"412\" \/><\/a><\/p>\n<p>Image: <a href=\"http:\/\/creativecommons.org\/licenses\/by-sa\/2.0\/\"><img decoding=\"async\" title=\"Attribution\" border=\"0\" alt=\"Attribution\" src=\"http:\/\/l.yimg.com\/g\/images\/cc_icon_attribution_small.gif\" \/><\/a> <a href=\"http:\/\/creativecommons.org\/licenses\/by-sa\/2.0\/\">Some rights reserved<\/a> by <a href=\"http:\/\/www.flickr.com\/photos\/avlxyz\/\">avlxyz<\/a><\/p>\n<h4>2) Income Elasticity of Demand<\/h4>\n<p>&#160;<\/p>\n<p>A video from <a href=\"http:\/\/www.youtube.com\/user\/pajholden\"><strong>pajholden<\/strong><\/a> (click on the image below \u2013 this video can\u2019t be embedded).<\/p>\n<p><a href=\"http:\/\/www.youtube.com\/watch?v=LHv4SnEUcZA\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" title=\"image\" border=\"0\" alt=\"image\" src=\"https:\/\/opengecko.com\/geckoview\/wp-content\/uploads\/2010\/10\/image2.png\" width=\"550\" height=\"412\" \/><\/a><\/p>\n<p>Image: <a href=\"http:\/\/creativecommons.org\/licenses\/by\/2.0\/\"><img decoding=\"async\" title=\"Attribution\" border=\"0\" alt=\"Attribution\" src=\"http:\/\/l.yimg.com\/g\/images\/cc_icon_attribution_small.gif\" \/><\/a> <a href=\"http:\/\/creativecommons.org\/licenses\/by\/2.0\/\">Some rights reserved<\/a> by <a href=\"http:\/\/www.flickr.com\/photos\/angelalachan\/\">AngelalalaChan<\/a><\/p>\n<div style=\"padding-bottom: 0px; margin: 0px; padding-left: 0px; padding-right: 0px; display: inline; float: none; padding-top: 0px\" id=\"scid:5737277B-5D6D-4f48-ABFC-DD9C333F4C5D:45ac716a-c9b1-4a43-9bcd-0d4ad5752b08\" class=\"wlWriterEditableSmartContent\">\n<div><object width=\"480\" height=\"385\"><param name=\"movie\" value=\"http:\/\/www.youtube.com\/v\/CnNe1riI0I4?hl=en&amp;hd=1\"><\/param><embed src=\"http:\/\/www.youtube.com\/v\/CnNe1riI0I4?hl=en&amp;hd=1\" type=\"application\/x-shockwave-flash\" width=\"480\" height=\"385\"><\/embed><\/object><\/div>\n<\/div>\n<h4>3) Both XED (Cross Price Elasticity of Demand) and YED (Income Elasticity of Demand)<\/h4>\n<p><object width=\"560\" height=\"340\"><param name=\"movie\" value=\"http:\/\/www.youtube.com\/v\/tjKp3K_Bu0I?fs=1&amp;hl=en_GB&amp;rel=0&amp;color1=0x234900&amp;color2=0x4e9e00\"><\/param><param name=\"allowFullScreen\" value=\"true\"><\/param><param name=\"allowscriptaccess\" value=\"always\"><\/param><embed src=\"http:\/\/www.youtube.com\/v\/tjKp3K_Bu0I?fs=1&amp;hl=en_GB&amp;rel=0&amp;color1=0x234900&amp;color2=0x4e9e00\" type=\"application\/x-shockwave-flash\" allowscriptaccess=\"always\" allowfullscreen=\"true\" width=\"560\" height=\"340\"><\/embed><\/object><\/p>\n<p><object width=\"560\" height=\"340\"><param name=\"movie\" value=\"http:\/\/www.youtube.com\/v\/R-EPxIMsRZo?fs=1&amp;hl=en_GB&amp;rel=0&amp;color1=0x234900&amp;color2=0x4e9e00\"><\/param><param name=\"allowFullScreen\" value=\"true\"><\/param><param name=\"allowscriptaccess\" value=\"always\"><\/param><embed src=\"http:\/\/www.youtube.com\/v\/R-EPxIMsRZo?fs=1&amp;hl=en_GB&amp;rel=0&amp;color1=0x234900&amp;color2=0x4e9e00\" type=\"application\/x-shockwave-flash\" allowscriptaccess=\"always\" allowfullscreen=\"true\" width=\"560\" height=\"340\"><\/embed><\/object><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#160; 1) Cross Price Elasticity of Demand &#160; A video from pajholden (click on the image below \u2013 this video can\u2019t be embedded). Image: Some rights reserved by avlxyz 2) Income Elasticity of Demand &#160; A video from pajholden (click on the image below \u2013 this video can\u2019t be embedded). Image: Some rights reserved by&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,10],"tags":[12,145,48,146],"class_list":["post-273","post","type-post","status-publish","format-standard","hentry","category-economics","category-ib-economics","tag-course-content","tag-cross-price-elasticity-of-demand","tag-elasticity","tag-income-elasticity-of-demand"],"_links":{"self":[{"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/posts\/273","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/comments?post=273"}],"version-history":[{"count":2,"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/posts\/273\/revisions"}],"predecessor-version":[{"id":278,"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/posts\/273\/revisions\/278"}],"wp:attachment":[{"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/media?parent=273"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/categories?post=273"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/tags?post=273"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}