4 ms·

You mean wall street?

• adammichaelc 19y ago
  No, not quite. Wall Street decides the market value of public companies, which is in the same ballpark -- but it's a different ball. This would be a tool that businesses would use for market research. Right now large corporations spend billions of dollars hiring economists who study data and tell them what the elasticity of demand is for any given product. This information gives companies a good idea of how much they should charge to maximize revenues. Small businesses don't have access to the data or to money to afford economists. So this tool would provide that service.