:I haven't read everything you have written ( please be concise ! ) but I think you might be asking about price elasticity of demand.
42.
Hence, as the accompanying diagram shows, total revenue is maximized at the combination of price and quantity demanded where the elasticity of demand is unitary.
43.
This is achieved by setting the price such that the markup over marginal cost is inversely proportional to the price elasticity of demand for that good.
44.
The key is being able to determine customers'elasticity of demand _ how badly they need the product or service and how much they're willing to pay.
45.
In short, consumption goes down, to a degree that depends on the elasticity of demand . talk ) 15 : 59, 6 June 2011 ( UTC)
46.
Luxury goods are said to have high income elasticity of demand : as people become wealthier, they will buy more and more of the luxury good.
47.
Third degree price discrimination involves grouping consumers according to willingness to pay as measured by their price elasticities of demand and charging each group a different price.
48.
First the firm must be able to identify market segments by their price elasticity of demand and second the firms must be able to enforce the scheme.
49.
The scale of each of these effects depends on the elasticity of demand for each of the goods, and the embodied resource or externality associated with each good.
50.
The problem is similar to that of the monopolist who must never increase prices beyond the point at which the elasticity of demand exceeds one in absolute value.
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