lesson
Activities for Price Elasticity of Supply
Introduction
Indicate what kind of price elasticity and the value of price elasticity that is represented by the following diagrams:
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Perfectly inelastic es = 0 |
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Inelastic 0 < es < 1 |
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Unit elastic es = 1 |
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Elastic 1 < es < ∞ |
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Perfectly elastic es = ∞ |