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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.
Definition source: English Wiktionary via Wiktextract
Topics: economics, sciences
No example sentence was provided for this meaning.
Meaning relationships
Synonyms: none provided
Antonyms: none provided
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Across languages
Translations
1 source translations are retained for this English entry.
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Finnish:
tarjonnan hintajousto
— sensitivity of supply to change in price