In economics, price elasticity is a measure of how reactive the marketplace is to a change in price for a given product.

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation This paper establishes supply and demand elasticities for a broad set of commodities based on a consistent dataset and ...

The economic concept, which describes consumers’ sensitivity to prices, is a hot topic as inflation soars and executives fret about profits. By Jason Karaian and Veronica Majerol S&P 500 company ...