Elastic products, like air travel, see demand vary with price changes, affecting investment volatility. Inelastic goods, such as insulin, maintain steady demand despite price fluctuations, offering ...

Price elasticity measures how demand changes with price; it gauges a firm's pricing power. Investors should examine firms' price elasticity to decide if a product has sustainable profit potential.

William Baumol writes in "Economics: Principles and Policy" that the total monetary utility of a collection of goods to a consumer is equal to the largest amount of money the consumer will pay in ...

THIS work was projected by the late Dr. Todhunter on the same lines as his well-known Histories of the “Theory of Probabilities” of the “Figure of the Earth” and of the “Calculus of Variations,” and ...

Boundary Problems of Function Theory and their Application to Mathematical Physics. By N. I. Muskhelishvili. (Second edition, Moscow, 1946.) Pp. viii + 448 ...