Keyword: inelastic demand
Dead Men Flying (3/7/2007)
Funeral directors might be more concerned about getting the most perks offered by airline loyalty programs than the lowest fares for shipping dead bodies.
Keywords: air miles, cargo, corpse, dead bodies, Florida, frequent dier program, funeral director, inelastic demand, Jet Blue, JetBlue, loyalty program, perks, shipment
Demand Elasticity and Total Revenue (11/2/2011)
A linear downward-sloping demand curve has a range of demand elasticities and an inverted U-shaped total revenue curve under single pricing.
Keywords: demand elasticity, elastic demand, inelastic demand, total revenue
Demand Elasticity and Total Revenue -youtube (transcript) (1/29/2012)
A linear downward-sloping demand curve has a range of demand elasticities and an inverted U-shaped total revenue curve under single pricing.
Keywords: demand elasticity, elastic demand, inelastic demand, total revenue
Lounging in Luxury - Can You Afford It? (1/29/2014)
The value of luxury goods can be preserved only if access to them is restricted.
Keywords: airport loungeairport lounge, Delta, elastic demand, elasticity of demand, experience good, inelastic demand, luxury good, membership, price hike