December Price Elasticity Analysis
December Price Elasticity, Price Change, and Volume Change by Year
Year | Price Change (%) | Volume Change (%) | Price Elasticity (ratio) |
---|---|---|---|
2021 | +44.04% | -12.22% | -0.28 |
2022 | -17.13% | +4.76% | -0.28 |
2023 | -26.13% | +61.76% | -2.36 |
2024 | +9.29% | -17.56% | -1.89 |