Price elasticity measures how demand changes with price adjustments; key for investment decisions. Investors should focus on companies developing inelastic products for greater pricing power.
Discover how a total revenue test measures price elasticity to refine pricing strategies and boost business revenue. Learn to differentiate between elastic and inelastic demand.
In early crypto markets, prices often move differently than they do later on. This is due to price elasticity. When liquidity is still forming, even modest inflows can lead to outsized price changes.