Making Price Elasticity A Useful Metric For Maximizing Profit
نویسندگان
چکیده
منابع مشابه
The Effects of Price Elasticity Dynamics on a Firm’s Profit
This paper studies the dynamic behavior of price elasticity and its effects on the overall profit. Although price elasticity has a significant effect on sales, its dynamics have not been examined so far in pricing models. In this paper, a simple pricing model is suggested in which, price elasticity is considered dynamic. The suggested pricing model is concerned with a monopolist that its object...
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ژورنال
عنوان ژورنال: American Journal of Business Education (AJBE)
سال: 2013
ISSN: 1942-2512,1942-2504
DOI: 10.19030/ajbe.v6i6.8159