nabasumbasophia nabasumbasophia

22-11-2021
Business

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expound on the different forms of elasticities of supply

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asjadhmohamedasmath asjadhmohamedasmath

22-11-2021

Answer:

The price elasticity of supply is the percentage change in quantity supplied divided by the percentage change in price. Elasticities can be usefully divided into five broad categories: perfectly elastic, elastic, perfectly inelastic, inelastic, and unitary.

Explanation:

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