Talk:Price elasticity of supply
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- ... the price elasticity of demand would be 20%/-10% = 2.
This is mathematically incorrect. 20%/-10% = -2. If there is a tendency to quote such numbers without the negative sign (as mentioned in Price elasticity of demand), then this should be stated. -- Jeff Q 20:03, 24 Mar 2004 (UTC)
- Thanks for fixing that, Gingekerr. Sorry it took me so long to notice the fix. -- Jeff Q 19:24, 26 May 2004 (UTC)
Fair use rationale for Image:Pyat rublei 1997.jpg
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BetacommandBot 11:32, 6 July 2007 (UTC)
Natural Resources are Inelastic
[edit]The artical assumed that all "goods" are manufactured goods. I have corrected it but it will probably be trashed by the neoclassicals.
--The Trucker (talk) 02:48, 28 May 2008 (UTC)
Elastic and inelastic in the slope section
[edit]Both types of curve (cutting the positive price axis, and cutting the positive quantity axis) were described as "inelastic". I'm pretty sure this was wrong and the first one should be "elastic" (cutting through the positive price axis), so I changed it. But I think there are still some problems in the paragraph, as the a > 0 and a < 0 seem the wrong way round relative to "elastic" and "inelastic" based on the previous sentence - please could someone more knowledgeable check it. 82.1.213.89 (talk) 09:47, 6 June 2020 (UTC)
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