Price change impact

This uses price elasticity to quantify the expected volume change due to the proposed price change. The price change impact is calculated using the following formula: (proposed/current price) ^elasticity * current units * proposed price.

This uses price elasticity to quantify the expected volume change due to the proposed price change. The price change impact is calculated using the following formula: (proposed/current price) ^elasticity * current units * proposed price.

Related Terms

Elasticity

Measures the volumetric impact from a price change holding all other variables constant.

See full description

See your products in more carts.

Get free access