Retrieving "Purchasing Behavior" from the archives

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1. Price Fluctuations

   Linked via "purchasing behavior"

   $$\epsilond = \frac{\%\,\Delta Qd}{\%\,\Delta P}$$
   In markets exhibiting significant price fluctuation, the elasticity itself becomes elastic—a phenomenon known as Meta-Elasticity. This occurs when consumers begin to anticipate fluctuations and alter their purchasing behavior based not on the current price, but on the rate of change of the price. For instance, if a price is rising rapidly, consumers may buy more immediately (making [demand](/en…