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Elasticity - What will you do when prices change?

EPISODE · Sep 29, 2020 · 17 MIN

Elasticity - What will you do when prices change?

from Think Like An Economist · host Platypus Economics

When prices go up, buyers want less and sellers want more. But how much more? Economists Betsey Stevenson and Justin Wolfers discuss how responsive people are to price changes, and why.Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.See omnystudio.com/listener for privacy information.

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Elasticity - What will you do when prices change?

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