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English 11 Public

Eco

Study Slideshow

when the supply is infinite at any one price (tell us elasticity)?

Perfectly Elastic

when only one quantity can be supplied (tell us elasticity) ?

Perfectly inelastic

which graphically is shown as a linear supply curve coming from the origin (tell us elasticity)

Unit elasticity

What does the positive sign of value reflect?

the fact that higher prices will act an incentive to supply more.

Formula of PES.

Draw the graph of PES with unit elasticity

Draw the graph of PES with perfectly elactisity

Draw the graph of PES with perfectly inelasticity

Give a question to any one of teams from our topic. (IF THEY CAN"T ANSWER, YOU'LL GAIN POINTS.

congrats!

Give a question to any one of teams from our topic. (IF THEY CAN"T ANSWER, YOU'LL GAIN POINTS.

congrats!

Give a question to any one of teams from our topic. (IF THEY CAN"T ANSWER, YOU'LL GAIN POINTS.

congrats!