Elastic products, like air travel, see demand vary with price changes, affecting investment volatility. Inelastic goods, such as insulin, maintain steady demand despite price fluctuations, offering ... Add Yahoo as a preferred source to see more of our stories on Google.
Economists use elasticity of demand to gauge how responsive consumers are to changes in price and income, but investors can also ... Demand elasticity is a phenomenon where demand for a specific good or service changes depending on factors such as how it is priced, whether alternatives are available or local income trends. Elasticity is a method of measuring the likelihood of one economic factor affecting another, such as when the price of an item affects consumer demand or when supply affects how much something costs. With an Elastic Line of Credit, you can borrow money when needed.
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