A measure of the extent to which the quantity supplied of a good changes when the price of the good changes and all other influences on sellers' plans remain the same. (p. 120)
the proportional change in quantity supplied relative to a proportional change in price.
A measure of the responsiveness of quantity supplied to a price change; the percentage change in quantity supplied divided by the percentage change in price.
the percentage change in quantity supplied as a result of a 1 percent change in price
The percentage change in supply for a given product likely to result if its price changes by 1 percent.
In economics, the price elasticity of supply is defined as a numerical measure of the responsiveness of the quantity supplied of product(A) to a change in price of product (A) alone