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The long-run price elasticity of supply is quite high.
en.wikipedia.org
Likewise, the elasticity of supply assumes the demand function remains unchanged.
www.heritage.org
The relationship between tax rate and tax revenue is likely to vary from one economy to another and depends on the elasticity of supply for labor and various other factors.
en.wikipedia.org
The criticism also neglects the elasticity of supply.
www.huffingtonpost.com
If the elasticity of supply is low, more of the tax will be paid by the supplier.
en.wikipedia.org
Frequently used elasticities include price elasticity of demand, price elasticity of supply, income elasticity of demand, elasticity of substitution between factors of production and elasticity of intertemporal substitution.
en.wikipedia.org
Since supply is usually increasing in price, the price elasticity of supply is usually positive.
en.wikipedia.org
Finally, as already noticed, a significant reduction in the short-run elasticity of supply may come from information costs and search behaviour.
en.wikipedia.org
Where the tax incidence falls depends (in the short run) on the price elasticity of demand and price elasticity of supply.
en.wikipedia.org
The tax burden and the amount of deadweight cost is dependent on the elasticity of supply and demand for the good taxed.
en.wikipedia.org

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