Objective To systematically review the price elasticity of demand of non-cigarette tobacco products. Datasources Medline, Embase, EconLit and the Web of Science without language or time restrictions.
In economics, price elasticity is a measure of how reactive the marketplace is to a change in price for a given product.
The economic concept, which describes consumers’ sensitivity to prices, is a hot topic as inflation soars and executives fret about profits. By Jason Karaian and Veronica Majerol S&P 500 company ...
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 ...