Semi-elasticity
Definition & Meaning
Part of speech noun
Quick meaning: Semi-elasticity is a noun meaning (economics) The change in a function relative to an absolute change in its parameter. Algebraically, the semi-elasticity of a function f at point x is f'(x) / f(x).
Meaning
(economics) The change in a function relative to an absolute change in its parameter. Algebraically, the semi-elasticity of a function f at point x is f'(x) / f(x).
Word Forms
- semi-elasticities
- semielasticity
Related Words
Related dictionary entries include semi-decidability, semivariation, semivariability, semipositivity, sigmoid, seminvariant.
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Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
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