Price elasticity measures how demand changes with price; it gauges a firm's pricing power. Investors should examine firms' price elasticity to decide if a product has sustainable profit potential.

price elasticity is, according to Harvard Business Review Contributing Editor Amy Gallo, a calculation marketers use to determine how a change in a product's price (up or down) affect demand for that ...

Almost one year after the Cybertruck began deliveries, the return of the $60,000 model is high on the list of expectations.

Abstract: A structural import demand equation is derived and estimated for a large number of countries, using recent time-series techniques that address the problem of non-stationarity. The average ...

Consumer spending plays a significant role in the economy, according to the U.S. Bureau of Economic Analysis, in Q2, personal consumption expenditures represented nearly 68% of the US national GDP.

EU chicken meat consumption is expected to grow by 1.6% in 2024 and 0.5% in 2025. Data show that growth in chicken ...

"The demand for steel products lacks price elasticity — excessive price cuts will not stimulate its consumption. As the industry transitions into a phase of stock optimization, it is crucial to ...