equivalent variation
noun1
Economics, Sciences The measure of how much money a consumer would pay before a price increase, to avoid the price increase.
Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.
noun
Economics, Sciences The measure of how much money a consumer would pay before a price increase, to avoid the price increase.
Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.
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