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Unformatted text preview: Relatively inelastic supply quantity supplied responds slightly to change in price 2 SPECIAL CASES P % Q s P % Q s X E s,p = = = 0 E s,p = = = % P X D % P Perfectly Elastic D = Perfectly Inelastic Q Q...
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This note was uploaded on 03/20/2008 for the course EC 201 taught by Professor Xasdf during the Fall '08 term at N.C. State.
- Fall '08