Upside Elasticity - a term used in reference to the sensitivity of consumers to an increase in the price of a particular product; upside elasticity means that there will be a significant drop in consumer demand as prices increase.
See Downside Inelasticity; Upside Elasticity; Downside Elasticity. Downside Inelasticity a term used in reference to the sensitivity of consumers to a decrease in the price of a particular product; ...
- a term used in reference to the sensitivity of consumers to a decrease in the price of a particular product; downside inelasticity means that there is no significant increase in demand as the price falls. See Downside Elasticity; Upside Elasticity; ...
of consumers to a decrease in the price of a particular product, downside elasticity means that the demand for the product increases significantly as the price falls. See downside inelasticity , upside inelasticity , and upside elasticity .
 See also: Customer, Marketing, Product, Demand, Buyer
  
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