Monthly Archives: November 2010

What is Price Elasticity and How Can I Use It?

FacebookLinkedInTwitterGoogle GmailGoogle ReaderShare

Tweet Price elasticity models (also called demand elasticity models) attempt to express the relationship between prices and sales units for a product or products on a smooth curve. More precisely, the models answer this question: If I raise (or lower) the … Continue reading

Posted in Price Elasticity, Pricing Tests | Tagged , , , | 1 Comment