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Glossary   >   P   >   "Pricing Power" Definition            Pricing Power An economic term referring to the effect that a change in a firm"s product price has on the quantity demanded of that product. Pricing power ties in with the "Price Elasticity of Demand." Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Pricing Power - An economic term referring to the effect that a change in a firm"s product price has on the quantity demanded of that product. Pricing power ties in with the "Price Elasticity of Demand."