Reviewed by Michael J Boyle Fact checked by Michael Rosenston Goods and services can be either elastic or inelastic. Elastic ...
https://doi.org/10.15609/annaeconstat2009.135.0089 • https://www.jstor.org/stable/10.15609/annaeconstat2009.135.0089 Copy URL This article uses an allocation of ...
Econometric analysis of Japan's domestic Sugi sawlog market highlights price sensitivity and structural demand changes ...
So, if the corn from your farm has a price elasticity of supply equal to 0.2, it is inelastic. Perfectly Elastic Supply The PES for perfectly elastic supply is infinite, where the quantity ...