Hi,
I have 52-week sales trend data at various price points. How can I calculate the price elasticity of demand based on the trend data? Attached is the sample data set. Does anyone has experience with PED calculation and have a solution for it. Thanks
I have 52-week sales trend data at various price points. How can I calculate the price elasticity of demand based on the trend data? Attached is the sample data set. Does anyone has experience with PED calculation and have a solution for it. Thanks