Elasticity of Supply Definition and Ways to Calculate it:- Given an increase in the price of a product (or service), the suppliers usually react by increasing the quantity offered. Similarly, in the face of a decrease in the price of a product, the producers of the product usually react by decreasing the quantity offered. In case of some products, the reaction may be large, in other cases small. How to measure whether these variations are large or small?
Archives for January 2017
The Elasticity of Demand | Definition & Formula:- There are some goods whose demand is very sensitive to the price, small variations in its price because large variations in quantity demanded. They are said to have elastic demand. Goods that, on the other hand, are not sensitive to price are those of inelastic or rigid demand. In these can produce great variations in the prices without the consumers vary the quantities that demand? The intermediate case is called unitary elasticity.
Price Elasticity of Demand and Supply
The concept of elasticity measures the amplitude of the variation of a variable when it varies another variable on which it depends.
The Economic Security of Online Companies:- My objective with this article is to reflect on the strategies of online companies, and the economic security factors that must be treated and studied before the execution of any operative action.
Innovation through Corporate Entrepreneurship Strategies:- Innovation has never ceased to be a necessity for businesses since innovation is key in the search for new competitive advantages that allow companies to not only survive in the market, but lead a large promising company.