TermCymru

4 results
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Welsh: elastigedd pris
English: price elasticity
Status A
Subject: Finance and Statistics
Part of speech: Noun, Masculine, Singular
Definition: Price elasticity of demand is a measure of the relationship between a change in the quantity demanded of a particular good and a change in its price.
Context: Mae cysyniad elastigedd y pris yn disgrifio'r berthynas rhwng newidiadau mewn pris am nwyddau a gwasanaethau a'r galw am y nwyddau a'r gwasanaethau hynny
Last updated: 18 August 2017
Welsh: elastigedd y galw
English: elasticity of demand
Status B
Subject: Finance and Statistics
Part of speech: Noun, Masculine, Singular
Definition: The degree to which demand for a good or service varies with its price.
Context: Mae ‘price elasticity of demand’ yn derm cyfystyr.
Last updated: 23 April 2015
Welsh: elastigedd y trafodiad
English: transaction elasticity
Status B
Subject: Finance and Statistics
Part of speech: Noun, Masculine, Singular
Notes: Term o Fil Treth Trafodiadau Tir a Gwrthweithio Osgoi Trethi Datganoledig (Cymru) 2016.
Last updated: 17 August 2016
Welsh: elastigedd pris y nwydd ei hun
English: own-price elasticity
Status A
Subject: Finance and Statistics
Part of speech: Noun, Masculine, Singular
Definition: When different beverages are considered (e.g., beer, wine, sprits), the elasticities can be classified as own- and cross-price elasticities, with own-price elasticities indicating the percentage change in the demand for one type of alcohol due to a 1% change in the price of this type of alcohol, and cross-price elasticities indicating the percentage change in demand for one type of alcohol due to a 1% change in the price of another type of alcohol.
Context: Bydd i ba raddau y mae hyn yn digwydd yn dibynnu ar ymatebolrwydd defnyddwyr i bris, hy elastigedd pris y nwydd ei hun (PED) a thrawselastigedd y pris (XED), a fydd yn pennu’r newidiadau i ymddygiad defnyddio a newid. Mae PED yn cynrychioli canran y newid yn y galw am alcohol o fath penodol oherwydd newid o 1% ym mhris y math hwnnw o alcohol. Mae’n fesur o sut y mae defnyddwyr yn ymateb i newid mewn pris.
Last updated: 18 August 2017