Rather surprisingly (to Publishers and some authors) readers don't care two hoots
about the price elasticity of demand and the illusion of scarcity.
So we have an Economics class students read
about price elasticity from a e-text and they are asked to relate this content to a current events article
Not exact matches
«This slowdown has been most notable in the chocolate category (
about 75 percent of Hershey's sales), which has seen higher
price elasticity and less significant innovation in recent years.»
This resource could be used as a full lesson and includes attached activities, challenging and thoughtful questions, learning objectives and embedded URL links where appropriate and tasks / information for students to use to learn
about issues relating to macroeconomics and microeconomics These resources work well with other popular Economics Resources such as: Microeconomics Exam Paper
Price Determination of Ticket
Prices The UK Housing Market The
Price Mechanism Cross
Elasticity of Demand (XED) Demand Activities
Price Elasticity of Supply (PES) Economics Essay Feedback Proforma Demand Minimum
Pricing
A level Economics lesson:
Price Elasticity of Supply (PES) For the Edexcel Exam board This PowerPoint could be used as a full lesson and includes attached activities, challenging and thoughtful questions, learning objectives and embedded URL links where appropriate and tasks / information for students to use to learn
about issues relating to PES These resources work well with other popular Economics Resources.
So you may find that you need to adjust your
price in order to have an impact — almost certainly, you'll need to adjust downward by a dollar or two, to take advantage of that
elasticity I talked
about above.
Amazon almost certainly knows way more then the publishing houses
about markets and
price elasticity.
Note added April, 2017: A more current and in - depth treatment of the
price -
elasticity of U.S. gasoline usage may be found in our Sept 2015 blog post, What an Energy - Efficiency Hero Gets Wrong
about Carbon Taxes.