Concept information
Preferred term
supply elasticities
Type
-
Topic
Definition
-
The degree to which a price of a good changes as a result of a unit change in supply (= % change in quantity supplied / % change in price).
Source: NAL Thesaurus Staff
Type: Concept definition
Broader concept
In other languages
-
Spanish
URI
https://lod.nal.usda.gov/nalt/36123
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