Preferred Term:
supply elasticities
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).
Concept Schemes:
NALT Full
Broader Concept:
URI:
https://lod.nal.usda.gov/nalt/36123
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RDF/XMLCreated 2006-01-19, last modified 2012-11-30