carolyn clarke

  • An Effects of Internet Marketing on Price Elasticity

    Price elasticity, or price elasticity of demand (PED), is an economic quantification that measures the responsiveness, or elasticity, of the demand of a product or service relative to a price change. In other words, when prices change, consumer demand changes and price elasticity is a way to quantify and measure that change.

    The Next Scoop- 15 readers -