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Statements

Subject Item
n2:RIV%2F62156489%3A43110%2F11%3A00180899%21RIV12-MSM-43110___
rdf:type
n6:Vysledek skos:Concept
dcterms:description
The price elasticity of demand enables to set the real %22correct price%22 to the seller guaranteeing the highest income. Despite the fact that the price elasticity of demand is very important in the economic practice, no work that would deal with it in greater details seems to be elaborated till now. The available sources show practically only and exclusively coefficients of the price elasticity of demand in the United States. These coefficients can naturally be utilized, but for certain goods only (e.g. salt, etc.), where the demand is the same irrespectively of where we find ourselves globally. There are certain products and services where the demand is determined by the socio-cultural aspects following from certain traditions of the country in question. The values established for conditions of the Czech Republic are certainly available nowadays, but with respect to expensiveness and scope of these researches we cannot consider them comparable with the results from the USA. Objective of this paper is to draw curves of demand of 20 commonly used commodities in the Czech Republic and to determine coefficients of the price elasticity of demand afterwards, from which the basic recommendations for their sellers will follow. In light of the facts above comparison of these coefficients with the data from the USA would be very interesting to be able to create the picture about dissimilarities in demand of the average Czech and American consumer. The price elasticity of demand enables to set the real %22correct price%22 to the seller guaranteeing the highest income. Despite the fact that the price elasticity of demand is very important in the economic practice, no work that would deal with it in greater details seems to be elaborated till now. The available sources show practically only and exclusively coefficients of the price elasticity of demand in the United States. These coefficients can naturally be utilized, but for certain goods only (e.g. salt, etc.), where the demand is the same irrespectively of where we find ourselves globally. There are certain products and services where the demand is determined by the socio-cultural aspects following from certain traditions of the country in question. The values established for conditions of the Czech Republic are certainly available nowadays, but with respect to expensiveness and scope of these researches we cannot consider them comparable with the results from the USA. Objective of this paper is to draw curves of demand of 20 commonly used commodities in the Czech Republic and to determine coefficients of the price elasticity of demand afterwards, from which the basic recommendations for their sellers will follow. In light of the facts above comparison of these coefficients with the data from the USA would be very interesting to be able to create the picture about dissimilarities in demand of the average Czech and American consumer.
dcterms:title
Elasticity of demand of the Czech consumer Elasticity of demand of the Czech consumer
skos:prefLabel
Elasticity of demand of the Czech consumer Elasticity of demand of the Czech consumer
skos:notation
RIV/62156489:43110/11:00180899!RIV12-MSM-43110___
n6:predkladatel
n17:orjk%3A43110
n3:aktivita
n10:Z
n3:aktivity
Z(MSM6215648904)
n3:cisloPeriodika
7,2011
n3:dodaniDat
n5:2012
n3:domaciTvurceVysledku
n12:2553716
n3:druhVysledku
n16:J
n3:duvernostUdaju
n7:S
n3:entitaPredkladatele
n14:predkladatel
n3:idSjednocenehoVysledku
196935
n3:idVysledku
RIV/62156489:43110/11:00180899
n3:jazykVysledku
n18:eng
n3:klicovaSlova
questionnaire; demand; elasticity
n3:klicoveSlovo
n11:questionnaire n11:elasticity n11:demand
n3:kodStatuVydavatele
CZ - Česká republika
n3:kontrolniKodProRIV
[61088E2C061D]
n3:nazevZdroje
Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis
n3:obor
n19:AH
n3:pocetDomacichTvurcuVysledku
1
n3:pocetTvurcuVysledku
2
n3:rokUplatneniVysledku
n5:2011
n3:svazekPeriodika
LIX
n3:tvurceVysledku
Feldbabel, Vít Luňáček, Jiří
n3:zamer
n13:MSM6215648904
s:issn
1211-8516
s:numberOfPages
11
n15:organizacniJednotka
43110