1. How is the price elasticity of supply calculated?

2. The price elasticity of supply and demand has the extremely widespread application in the economic decision-making.

3. Price elasticity of supply refers to a relative responsiveness of the quantity supplied of a good when the market price of the good changes.

4. What is the price elasticity of supply of Picasso paintings?

5. Price elasticity of supply is a measure of the responsiveness of changes in quantity supplied to changes in price.

6. 1 (Exercise) Fora producer with constant elasticity of supply, compute the producerprofits.

7. To begin with, the author explains relation of tax with elasticity of supply and demand, investment , circulation of product factor from the theory.

8. The land increment revenue ? ? s division lies on two group ? ? s elasticity of supply and demand.

9. Besides, the more constraint put on opportunities of factor marketing, the less the reservation price and the elasticity of supply was, therefore the share of factor income became less.