Concept
Price Elasticity
A measure of how sensitive customer demand for a product is to changes in its price.
Price Elasticity
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Related Frameworks6
Related Practices18
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Transcript mentions
… ou actually have for your customers so these kind of things you know you can if you do these kind of exercise you can get more precise on things like price elasticity you know build some simulation models try to understand how the market…
Concept
Price Elasticity
A measure of how sensitive customer demand for a product is to changes in its price.
Related Concepts1
Related Frameworks6
Related Practices18
Ask about this concept
Transcript mentions
… ou actually have for your customers so these kind of things you know you can if you do these kind of exercise you can get more precise on things like price elasticity you know build some simulation models try to understand how the market…