What does elasticity matter if you no longer make a profit? Isn't the only thing...

senorrib · 2026-01-19T16:33:22 1768840402

1) You’re assuming there’s no profit to be made 2) Profit is implicitly embedded in the elasticity curve

nosianu · 2026-01-20T08:22:48 1768897368

1) No, please learn to read and to comprehend.

I wrote

> Isn't the only thing that could matter ... if the margins are big enough

2) No, the standard price elasticity of demand curve does not directly include profits. It primarily models the relationship between price and quantity demanded.

nasmorn · 2026-01-19T16:34:29 1768840469

This is what the supply curve describes. For each individual producer there is a hard cutoff but in aggregate these are a curve

nosianu · 2026-01-20T08:23:19 1768897399

No, the standard price elasticity of demand curve does not directly include profits. It primarily models the relationship between price and quantity demanded.

Supply curve??? The OP wrote "This is confirming demand is more inelastic"