Ask YC: Does a database exist for elasticity of demand of products in the market?
Ask YC: Does an open database exist that gives the elasticity of demand for products/services/commodities in the market?&#60;p&#62;If so, this could be a powerful new use of technology to help companies determine where to set their prices.&#60;p&#62;The technology may already be used by companies with lots of resources, but an open-source version for small businesses would be awesome.&#60;p&#62;If you have run across such a service (or the underlying database that would be necessary to run it) let me know. I'd be curious to look into it.