An Analysis of the Price Elasticity of Demand for Household Appliances
Description:
This report summarizes our study of the price elasticity of demand for home appliances, including refrigerators, clothes washers, and dishwashers. In the context of increasingly stringent appliance standards, we are interested in what kind of impact the increased manufacturing costs caused by higher efficiency requirements will have on appliance sales. We begin with a review of existing economics literature describing the impact of economic variables on the sale of durable goods.We then describ…
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Date:
January 25, 2008
Creator:
Fujita, Kimberly; Dale, Larry & Fujita, K. Sydny
Item Type:
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Partner:
UNT Libraries Government Documents Department