noun
downward price rigidity
Economic term describing the tendency of prices not to fall easily, even when demand decreases.
不況下でも価格の下方硬直性が観察される。
Downward price rigidity is observed even during a recession.
価格の下方硬直性は、メニューコストなどで説明されることが多い。
Downward price rigidity is often explained by factors such as menu costs.
A broader term for price rigidity in general, not limited to downward movements.
Compound of 価格 (price), の (possessive particle), 下方 (downward), and 硬直性 (rigidity). A direct translation of the English economic term 'downward price rigidity'.