Also do remember that price elasticity is not a linear metric. Cross price elasticity tells us how our product was impacted by pricing of other SKUs and vice versa. It is essential to understand ...

Price elasticity assesses how the quantity demanded or supplied of a product reacts to variations in its price. It is ...

Definition: The measure of responsiveness of the demand for a good towards the change in the price of a related good is called cross price elasticity of demand. It is always measured in percentage ...

A drawback of relying on cross-sectional surveys to estimate price elasticity is the lack of data on prices for tobacco products. Ideally, one may utilise regional price data as used for the ...

price elasticity of low-income African countries, in which Uganda is categorised, is estimated at −0.56. Given that our study only focused on cigarettes in Uganda, future research should aim at ...