Sentences with phrase «more price elasticity»
If the public really wanted to read ebooks, and the market weren't restricted to the splinter group (of which I am one) it has now, they might also have more price elasticity (all other things being equal.)
http://www.blackplasticglasses.com/ Not exact matches
«By applying data science into price elasticity modeling and promotions forecasting, restaurants are able to uncover more efficiencies and achieve greater savings.»
This extends my first lesson on the price elasticity of demand and goes into more detail and comes with a worksheet included.
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.
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 reason for that is because those authors who do worse probably have less price elasticity and are more likely to be the authors who sell the most books.
Thus, if a 10 % rise in price does not result in a 10 % or more drop in sales, the price elasticity of demand for fuel is deemed «inelastic».
Amazon almost certainly knows way more then the publishing houses about markets and price elasticity.
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.
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.