Ep 358. Elasticity of Demand, Snap Judgments, Capital Allocation, and Judging Growth Capex
Focused Compounding
00:00
Are You Receptive to Price Increases?
The elasticity of demand in the face of price increases. It's likely that if they had increased prices, they wouldn't have hurt demand as much as they thought they would. Keeping prices low in real terms didn't drive actual increased demand by much at all. So it's important to know that number more than anything else.
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