hinnatundlikkusel
Hinnatundlikkusel is an Estonian term that translates to price sensitivity. It refers to the degree to which the price of a product or service affects consumer demand. High price sensitivity means that a small change in price will lead to a significant change in the quantity demanded. Conversely, low price sensitivity indicates that price changes have a relatively small impact on demand.
Factors influencing hinnatundlikkusel include the availability of substitutes, the necessity of the product, the proportion of
Businesses often analyze hinnatundlikkusel to inform their pricing strategies. Understanding how sensitive their target market is