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price elasticity of supply

price elasticity of supply noun: 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.

Noun

price elasticity of supply

  1. 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.

Questions about price elasticity of supply

What does price elasticity of supply mean?
Price elasticity of supply means 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.
What part of speech is price elasticity of supply?
Price elasticity of supply is a noun.

Words near price elasticity of supply in the dictionary

  1. price discriminates
  2. price discriminating
  3. price discrimination
  4. price discriminations
  5. price elasticity of demand
  6. price elasticity of supply
  7. Price equation
  8. price fixing
  9. price flexing
  10. price floor
  11. price floors

Source and license

Adapted from Wiktionary: price elasticity of supply (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.

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