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Where not specified, data come from PMI estimates

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4.3 Elasticity and Pricing Learning Objectives By the end of this section, you will be able to: Analyze how price elasticities impact revenue Evaluate how elasticity can cause shifts in demand and supply Predict how the long-run and short-run impacts of elasticity affect equilibrium Explain how the elasticity of demand and supply determine the incidence of a tax on buyers and sellers Studying elasticities is useful for a number of reasons, pricing being most important

Here too you will find a large selection of different flavours

These are just estimates, though, and theyre limited by our interpretation of the surveys linked to above