Assertion: price elasticity | /r/HasProperty | low
Facets:
value: typically
type: DEGREE
Source sentences:
text: Price/demand elasticity where the good has only a single source or a very limited number of sources is typically low.
text: On the other hand, if a large price increase is required to cause any decline in demand, price elasticity is low.
text: If small price changes cause little or no effect on demand, and substantial price changes are needed in order to see any effect on demand, then price elasticity is low – customers are less price sensitive.