{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

lectur19-page5 - price axis(Y then supply is ELASTIC Es> 1

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
If the Supply curve is a straight line: P Qs/ut S If the supply curve cuts the
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: price axis (Y), then supply is ELASTIC Es > 1...
View Full Document

{[ snackBarMessage ]}