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Syllabus

Price elasticity of supply and its determinants

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Last exams 2021 » Section 1: Microeconomics » 1.2 Elasticity » Price elasticity of supply (PES) » Price elasticity of supply and its determinants

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Directly related questions

19M.3.HL.TZ0.1f: Define the term price elasticity of supply.
19M.3.HL.TZ0.1g:
The time taken to produce goods is an important determinant of the price elasticity of supply.

Apart from time, explain two factors which influence the price elasticity of supply.

Sub sections and their related questions

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