The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

PRICE STICKINESS Definition & Legal Meaning

Definition & Citations:

A market situation where in spite of the increase in the cost of production, the price does not change. For example, a business that is worried about increasing prices as it may drive customers away is subject to price stickiness. Prices do not move with ease in such situations.

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