Team 1
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Team 2
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Teams
Name
Score
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banana
Go to last place!
Oops!
×
star
Double points!
Okay!
×
gift
Win 10 points!
Okay!
×
baam
Lose 25 points!
Oops!
15
×
when only one quantity can be supplied (tell us elasticity) ?
Perfectly inelastic
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Check
15
×
Draw the graph of PES with unit elasticity
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Check
15
×
Give a question to any one of teams from our topic. (IF THEY CAN"T ANSWER, YOU'LL GAIN POINTS.
congrats!
Oops!
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Okay!
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15
×
Draw the graph of PES with perfectly elactisity
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Check
Okay!
Check
15
×
Formula of PES.
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Check
15
×
Give a question to any one of teams from our topic. (IF THEY CAN"T ANSWER, YOU'LL GAIN POINTS.
congrats!
Oops!
Check
Okay!
Check
15
×
Give a question to any one of teams from our topic. (IF THEY CAN"T ANSWER, YOU'LL GAIN POINTS.
congrats!
Oops!
Check
Okay!
Check
×
thief
Give points!
5
10
15
20
25
×
seesaw
Swap points!
Okay!
×
gift
Win 20 points!
Okay!
×
baam
Lose 25 points!
Oops!
15
×
which graphically is shown as a linear supply curve coming from the origin (tell us elasticity)
Unit elasticity
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Check
Okay!
Check
15
×
Draw the graph of PES with perfectly inelasticity
Oops!
Check
Okay!
Check
×
thief
Give points!
5
10
15
20
25
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fairy
Take points!
5
10
15
20
25
×
gift
Win 20 points!
Okay!
×
lifesaver
Give 20 points!
Oops!
15
×
when the supply is infinite at any one price (tell us elasticity)?
Perfectly Elastic
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Check
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Check
15
×
What does the positive sign of value reflect?
the fact that higher prices will act an incentive to supply more.
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