Eiusdem generis and Elastic: Difference between pages

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Latin term meaning 'of the same kind'.   
''Economics''.   


In law, it is taken to mean that where general words follow specific words, those general words are interpreted in the light of the preceding specific words.
Where the percentage change in quantity (either demanded or supplied) is greater than the percentage change in price.




== See also ==
== See also ==
* [[Contract]]
* [[Elasticity]]
* [[Inelastic]]


[[Category:Compliance_and_audit]]
[[Category:The_business_context]]

Latest revision as of 13:42, 30 June 2022

Economics.

Where the percentage change in quantity (either demanded or supplied) is greater than the percentage change in price.


See also