1. Why Are C.E.O.s Suddenly Obsessed With 'Elasticity'?

The economic concept, which describes consumers' sensitivity to prices, is a hot topic as inflation soars and executives fret about profits......

By Jason Karaian and Veronica Majerol

• Aug. 19, 2022

(https://www.nytimes.com/2022/08/19/business/elasticity-prices-inflation.html?smid=url-share)

2.America Would Happily Pay Uber An Extra $7 Billion

Economists put a (big) number on the ride service's consumer surplus in 2015. A new study claims that every $1 spent on an Uber trip generates $1.60 in "consumer surplus."

By

Laura Bliss

September 15, 2016 at 4:58 PM EDT

(https://www.bloomberg.com/news/articles/2016-09-15/uber-s-u-s-consumer-surplus-valued-at-7-billion?utm_source=website&utm_medium=share&utm_campaign=copy)

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