price elasticity of supply

noun

Definitions

  1. an economic metric that measures the responsiveness of a quantity supplied of a good to a…

    an economic metric that measures the responsiveness of a quantity supplied of a good to a change in its price, calculated as the percent change in supply over the percent change in price.

The neighborhood

Vish — recursive loop

No curated loop yet for price elasticity of supply. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA