Price elasticity of supply
- Created by: ann2000
- Created on: 24-02-18 13:30
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The responsiveness of supply given the change in price
PRICE ELASTICITY OF SUPPLY
-price inelastic supply
- perfectly pirce inelastic supply= values of 0
- perfectly price elastic supply-= infinity
-price elastic supply
- utinary supply
FACTORS AFFECTING PES
1)Amount of stockpiling
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