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Home Elasticity of Supply

Elasticity of Supply:

 

Price Elasticity of Supply:

 

Price elasticity of demand measures the degree of responsiveness of demand for a product due to a change in the price of that product. Continue reading.

 

Categories of Price Elasticity of Supply:

 

There are five degrees of price elasticity of supply. Continue reading.

 

Determinants of Price Elasticity of Supply:

 

The main determinants/factors which determine the degree of price elasticity of supply are as under. Continue reading.

 

Measurement of Elasticity of Supply:

 

Elasticity of supply can be measured on the very same lines as we measured the elasticity of demand. Elasticity of supply can either be equal to unity or greater than unity or less than unity. Continue reading.

 

 

 

Principles and Theories of Micro Economics
Definition and Explanation of Economics
Theory of Consumer Behavior
Indifference Curve Analysis of Consumer's Equilibrium
Theory of Demand
Theory of Supply
Elasticity of Demand
Elasticity of Supply
Equilibrium of Demand and Supply
Economic Resources
Scale of Production
Laws of Returns
Production Function
Cost Analysis
Various Revenue Concepts
Price and output Determination Under Perfect Competition
Price and Output Determination Under Monopoly
Price and Output Determination Under Monopolistic/Imperfect Competition
Theory of Factor Pricing OR Theory of Distribution
Rent
Wages
Interest
Profits
Principles and Theories of Macro Economics
National Income and Its Measurement
Principles of Public Finance
Public Revenue and Taxation
National Debt and Income Determination
Fiscal Policy
Determinants of the Level of National Income and Employment
Determination of National Income
Theories of Employment
Theory of International Trade
Balance of Payments
Commercial Policy
Development and Planning Economics
Introduction to Development Economics
Features of Developing Countries
Economic Development and Economic Growth
Theories of Under Development
Theories of Economic Growth
Agriculture and Economic Development
Monetary Economics and Public Finance
History of Money

 

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