Pricing Power
2020-08-06 16:43
浏览：716
An economic term referring to the effect that a change in a firm's product price has on the quantity demanded of that product. Pricing power ties in with the "Price Elasticity of Demand."
Taobiz explains Pricing Power
Generally speaking, if a company doesn't have much pricing power then an increase in their prices would lessen the demand for their products.
