Eggs often pop up in economics classes as an example of goods that are price-inelastic. In other words, a large increase in price doesn’t create a similarly large decrease in demand. Some studies have ...

China recently announced a 15% tariff increase on American coal imports in response to President Trump’s imposition of a 10% ...

There are many determinates of price elasticity, including the availability of substitutes. If the price of butter rises, demand is likely to fall as people buy margarine instead. Of course ...

Power producers were among the biggest winners in the S&P 500 last year on expectations of ballooning demand from the energy-guzzling data centers needed to scale Big Tech's artificial ...

2024. (Photo by Smith Collection/Gado/Getty Images) Tesla Cybertruck demand is slipping, as Morgan Stanley noted on Friday. That will eventually push Tesla to price-adjust the electric pick-up ...

U.S. alcohol exports to Canada amounted to US$262 million (C$377 million) a year. American booze could get costlier if Canada and the U.S. enter a tariff war.