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operate in a price region

  • 1 действовать в области цен

    Монополия всегда действует в такой области цен, что эластичность спроса больше 1. В тех случаях, когда эластичность меньше 1, выручка монополиста, а тем более, и его прибыль являются убывающими по количеству (т.е. возрастающими по цене). — A monopoly always operates in a price region such that the elasticity of demand exceeds 1. Where the elasticity is lower than 1, the monopolist's revenue - and, a fortiori, his profit - are decreasing in quantity (i.e., increasing in price).

    Russian-English Dictionary "Microeconomics" > действовать в области цен

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