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Elasticity of a function - Wikipedia, the free encyclopedia
ependent variable P on the vertical axis and the dependent variable Q on the horizontal axis, then the opposite rules would apply. The same graphical procedure can also be applied to a supply function or other functions. Semi-elasticity[edit] <span>A semi-elasticity (or semielasticity) gives the percentage change in f(x) in terms of a change (not percentage-wise) of x. Algebraically, the semi-elasticity S of a function f at point x is [4][5] An example of semi-elasticity is modified duration in bond trading. The term "semi-elasticity" is also sometimes used for the change if f(x) in terms of a percentage change in
Elasticity of a function - Wikipedia, the free encyclopedia
ependent variable P on the vertical axis and the dependent variable Q on the horizontal axis, then the opposite rules would apply. The same graphical procedure can also be applied to a supply function or other functions. Semi-elasticity[edit] <span>A semi-elasticity (or semielasticity) gives the percentage change in f(x) in terms of a change (not percentage-wise) of x. Algebraically, the semi-elasticity S of a function f at point x is [4][5] An example of semi-elasticity is modified duration in bond trading. The term "semi-elasticity" is also sometimes used for the change if f(x) in terms of a percentage change in
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