Hence, the supply is completely inelastic and unresponsive to any changes in other factors. An Example If the quantity that is supplied does not change at all, then this means that the producers or sellers of the good have no choice, but to produce or sell it at any price possible. This...
必应词典为您提供Perfectly-Inelastic-Supply的释义,网络释义: 完全无弹性供应;完全富有供给弹性;完全无弹性供给;
For markets with perfectly elastic supply and perfectly inelastic supply, respectively, the introduction of a tax will most likely result in: Markets with perfectly elastic supply Markets with perfectly inelastic supply ()①A. A price increase, and the seller bears the tax A price increase, and ...
内容提示: 1) A perfectly inelastic supply curve represents aA) fixed supply of a good.B) product with a constant price, regardless of the quantity offered for sale.C) product in abundant supply.D) product supply that is extremely responsive to a price change.2) If the price elasticity of...
Price elasticity of supply is calculated the same way as demand except that quantity supplied is measured: Price elasticityof supply (%) = % change in quantity suppliedchange in price Perfectly inelastic supply curves are also vertical representing that supply is insensitive to changes in price; i...
A perfectly inelastic supply curve in a competitive market: a. Means the equilibrium price must be zero. b. Exists when firms cannot vary input usage. c. Implies a vertical demand curve. d. Says the market supply curve is horizontal.
a置业发展有限公司 Sets at industry the development limited company [translate] aa. both supply and demand are relatively inelastic. a. 供给和需求是相对地无弹性的。 [translate] ad. demand is elastic and supply is perfectly inelastic. d. 需求是有弹性的,并且供应是完全无弹性的。 [translate] ...
a commodity is said to have a perfectly inelastic demand if the quantity demanded or consumed of it does not respond to a change in the income of the consumer. Such commodities are usually known asstickygoods and consist mainly of necessities. As cited in the above example, such goods are ...
Based on the above graphs, which of the following statements is not correct? A、Supply curve A is perfectly inelastic. B、Supply curve B is perfectly elastic. C、Supply curve C is unit elastic. D、Supply curve D is more elastic than supply curve C. 点击查看答案进入小程序搜题 你可能喜欢...
Is 0.5 elastic or inelastic? A good with an elasticity of -2 has elastic demand because quantity falls twice as much as the price increase; an elasticity of -0.5 hasinelastic demandbecause the quantity response is half the price increase. ...