Meaning elasticity and supply intercept
What does elasticity and supply intercept mean? Below you find one meaning for the word elasticity and supply intercept You can also add a definition of elasticity and supply intercept yourself

1

0 Thumbs up   0 Thumbs down

elasticity and supply intercept


The intersection of a straight-line supply curve with vertical price axis and/or horizontal quantity axis reveals the relative price elasticity of supply. Intersection with the horizontal quantity axi [..]
Source: glossary.econguru.com




<< employed elasticity determinants >>