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WebOct 13, 2024 · The price elasticity of supply is a determinant of the flexibility of organizations in production in the case of a price rise of their products in the market. The … WebA good's price elasticity of demand (, PED) is a measure of how sensitive the quantity demanded is to its price.When the price rises, quantity demanded falls for almost any good, but it falls more for some than for … sebastian riedel cree koncerty
How Does Price Elasticity Affect Supply? - Investopedia
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