Postingan

Menampilkan postingan dengan label the price elasticity of supply measures how responsive group of answer choices
Tunjukkan semua

The Price Elasticity Of Supply Measures How Responsive

An elastic demand or elastic supply is one in which the elasticity is greater than one indicating a high responsiveness to changes in price. Perfectly elastic elastic perfectly inelastic inelastic and unitary. How Does Price Elasticity Affect Supply According to basic economic theory the supply…