Sentences with phrase «low price elasticity»

Kevin Drum's recent post on the low price elasticity of demand for oil has reignited an old debate over gas taxes and energy innovation.

Our modelling indicates strongly that a tax at this low level will have no effect upon coal - fired generation and, given the relatively low price elasticity of demand for electricity at the retail level (probably because electricity has been so cheap in Australia), the demand side effect would be negligible and difficult to spot given the srong secular growth in demand.

Not exact matches

Price cycles stem from the low price - elasticity of supply and demand, the prevalence of backward - looking expectations and behaviour, and the lumpiness of new discoveries and investmPrice cycles stem from the low price - elasticity of supply and demand, the prevalence of backward - looking expectations and behaviour, and the lumpiness of new discoveries and investmprice - elasticity of supply and demand, the prevalence of backward - looking expectations and behaviour, and the lumpiness of new discoveries and investments.

In terms of own price elasticity values, a recent meta - analysis estimated an average own price effect for carbonated sugar sweetened drinks (a near equivalent of the category non-concentrated sugar sweetened drinks, which predominantly includes carbonated drinks) of − 0.93, larger than our value of − 0.81.51 Our estimated value is also at the lower end of the range of own price elasticities frequently cited for sugar sweetened drinks of − 0.8 to − 1.0, based on one large review.52 Our own price estimate is comparable to experimental data (a 25 % reduction for a 35 % price rise) in a canteen study.53 However, all these estimates may be influenced by US studies in which higher estimates may reflect higher levels of consumption.

The lower levels of baseline sugar sweetened drink consumption in the UK compared with the US may in part explain why the effect on obesity that we estimate in the UK is much less than that estimated in the US.12 The differences with respect to other modelling studies may also be partly explained by their use of higher own price elasticity values for sugar sweetened drinks than we have calculated and used here.18 22 52 We can not make direct comparisons between the results of our study and the results of recent studies of the effect of reducing sugar sweetened drink consumption on body weight in children, 5 7 as the relation between energy balance and change in body mass index in children who are growing is different from that in adults.

For example, an own price elasticity of − 0.9 for sugar sweetened drinks indicates that a 10 % increase in the price results in a 9 % lower consumption of such drinks, whereas a cross price elasticity of 0.2 between sugar sweetened drinks and milk indicates that a 10 % higher price of sugar sweetened drinks leads to milk consumption being higher by 2 %, implying that milk is a substitute for sugar sweetened drinks.

Price elasticity: publishers are finding that their overall ebook revenue is higher at current price points that it had been at lower price points: this is clearly a possibility, although common sense seems to suggest «nay&raPrice elasticity: publishers are finding that their overall ebook revenue is higher at current price points that it had been at lower price points: this is clearly a possibility, although common sense seems to suggest «nay&raprice points that it had been at lower price points: this is clearly a possibility, although common sense seems to suggest «nay&raprice points: this is clearly a possibility, although common sense seems to suggest «nay».

One other note: the demand - elasticity hypothesis holds that lower prices * don't * mean that «downward price pressure on ebooks means we ultimately get paid less.»

Which makes sense: Amazon has always advocated an aggressive brand of price elasticity: it has consistently argued that the volume that follows lower price points will lead to more revenue than higher, more conservative price points, and Amazon's imprints have tended to target niches with price - conscious but voracious readers.

If there is no price elasticity with buyers they'll need to lower the costs somehow.

I don't think pricing can be considered properly just yet because if you agree that it focusses on the consumer, then you need to have some idea of what the price elasticity will be, i.e., if you lower the price, how many more sales will you get.

The beauty of this is price elasticity increases total revenue for lower priced books, and promotion further adds to the effect.

There are a lot of back - end logistics and intangibles that inform these relative costs, and I'm seeing a cultural slide toward the deep - discounted ecommerce price as being regarded as the «real» $ value of a work, which means that authors are not able to command as high a price for their work, and must rely entirely on price elasticity of demand, praying that the math on lower price, higher sales # s adds up in their favor.

Price elasticity In general, the higher the price of a product the lower the demand foPrice elasticity In general, the higher the price of a product the lower the demand foprice of a product the lower the demand for it.

With a low supply elasticity, prices will go up more and quantities less, while the reverse will be true with a high supply elasticity, but the trend toward lower energy intensiveness per dollar of GDP will continue even in the absence of any regulatory constraint on the energy sector.

Rog, I said that «people used to argue for tobacco and alcohol because price elasticities were LOW».

an example: people used to argue for high taxes on tobacco and alcohol because price elasticities were low.

Almost all price elasticities are negative: an increase in price leads to lower demand, and vice versa.