Pricing Power
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." Investopedia Says:
Generally speaking, if a company doesn't have much pricing power then an increase in their prices would lessen the demand for their products. Related Terms:
Backpricing
Consumption Capital Asset Pricing Model - CCAPM
Economics
Elastic
Forward Pricing
Hedonic Pricing
Inelastic
Price Basing
Price Elasticity of Demand
Value-Based Pricing |