Dirkjan: Created page with "Price elasticity measures the responsiveness of quantity demanded of a product to changes in its ‘ own price. Price sensitivity may vary around your different customers. An..."

2020-08-25T07:17:45Z

Created page with "Price elasticity measures the responsiveness of quantity demanded of a product to changes in its ‘ own price. Price sensitivity may vary around your different customers. An..."

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Price elasticity measures the responsiveness of quantity demanded of a product to changes in its ‘ own price. Price sensitivity may vary around your different customers. An appropriate [[Customer Segmentation|Customer Segmentation]]@marketing needs to include [[Pricing|Pricing]]@marketing as a very important criteria.

=Elastic demand=
{{:Elastic demand}}

=Inelastic demand=
{{:Inelastic demand}}

[[Category:economics]]

[[Category:M22]]

[[Category:Principles of Business Economics]]

[[Category:Term]]

Price elasticity - Revision history

Dirkjan: Created page with "Price elasticity measures the responsiveness of quantity demanded of a product to changes in its ‘ own price. Price sensitivity may vary around your different customers. An..."