Definitions for "Elasticity of Supply"
changes in the supply of a good or service in response to changes in price.
A measure of the responsiveness of producers to price changes. Cross-elasticities indicate the impact of a change in the price of good A on the supply of good B.
Sensitivity of production to price changes. As prices increase, production supply rises (e.g., luxury cars) because the demand for such items decreases. If the production supply does not increase, the goods are considered to be inelastic (e.g., food). See: Elasticity Of Demand; Equilibrium Price
Electronic Queriable Carrier Emergency Home Finance Act of 1970
Equity Capital Expected beginning time