The cross elasticity of demand is an economic concept that measures the responsiveness in the quantity demanded of one good when the price for another good changes. It's also referred to as cross ...

However, price elasticity works in two ways. While the price elasticity of demand is a reflection of consumer behavior as a ...

“The formula includes ‘x’ for exports and ‘m’ for imports.” “But it also has ‘ε’ for ‘price elasticity of import demand’, set at 4 by the Treasury; multiplied by ‘φ’ for ‘elasticity of import prices’, ...

Reciprocal, retaliatory, uncertainty—these words now dominate discussions about tariffs, once a distant trade issue but now a ...

Citi expects all brands to implement price increases in the U.S. by a single-digit percentage in coming weeks.

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

WSJ’s Sharon Terlep explains the role 'elasticity' plays in a company ... there are hidden economic factors that help determine the price. In this video series, The Wall Street Journal goes ...