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price elasticity of demand and supply
nama:fazlina bt muhd amin yeap
id:01dib17f1028

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Stages of production & law of marginal  return

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Stages of production & law of marginal  return

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01dkb17f1043

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stage of production and law of marginal return
01DKB17F1064

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stage of production and law of marginal return

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stage of production and law of marginal return

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01DKB17F1048

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chapter 4

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supply

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supply

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Nur Nabila 01DKB17F1051
Nornajwa Syafina 01DKB17F1038
Nur Zafirah 01DKB17F1056
Nur Ezawanie 01DKB17F1046
Nisrin 01DKB17F1043
Nor Fatihaa 01DKB17F1061
Noor Hidayah 01DKB17F1054

Explaination:
•any increase in the price of the good will cause the supply to increase infinitely.
• any decrease in the price of the good will result in no supply.
• the demand curve is horizontal and parallel to the quantity axis.

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No. Matrics
1070,1052,1058,1042,1062,1055,1064
Explanation.
-The quantity supplied is not affected by the price
-The demand curve is vertical and parallel to the price exist
-Value of elasticity is Es=0
-We say that supply is perfectly inelastic when a 1% change in the price would result in no change in quantity supplied.