Calculating price elasticity

Details Calculating price elasticity Calculating price elasticity

2008-03-11

2008-03-11

Hayes, John W. (Department: 3628)

Data processing: financial, business practice, management, or co

For cost/price

C705S001100, C705S007380, C705S014270

Reexamination Certificate

active

10279182

ABSTRACT:
Calculating price elasticity includes accessing a number of demand models and demand data describing a number of items. The demand models are evaluated in accordance with the demand data. A demand model of the evaluated demand models is selected in response to the evaluation. A price elasticity is calculated according to the selected demand model.

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