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Perfectly elastic / inelastic supply curves

This page contains the activities, with student access, for the teacher page: Perfectly elastic / inelastic supply curves Perfectly inelastic supply - a product with a PES of 0, meaning that following a change in the price of the good or service there would be no change to quantity supplied. Perfectly elastic supply - a good or service with a PES of infinity. At the market price, quantity supplied will be limitless...


Tags: perfectly elastic supply and demand

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