price stickiness
Definition
Tendency of prices to remain constant despite changes in the cost of producing and selling a product. For example, prices may remain sticky if businesses are concerned about losing customers in highly competitive markets. Prices may be "sticky up" or "sticky down" if they move up or down with little resistance, but do not move easily in the opposite direction.
Related Articles
- Options and Their Features *
- Using Your IRA for Real Estate Investments *
- Information on Filing Auto Claims and Reducing Premiums *
- The Importance of Finding a Financial Advisor That You Can Trust *
- IRS Audits and How to Deal With Them *
- Technical Analysis *
- Are student loans a good idea? *
- Common Forex Scams *
Related Videos
http://www.businessdictionary.com/definition/price-stickiness.html
