- production elasticity
- rate of change in the amount produced of a particular product in relation to the rate of change in the amount of material from which they were made
English contemporary dictionary. 2014.
production elasticity
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Price elasticity of supply — In economics, the price elasticity of supply is defined as a numerical measure of the responsiveness of the quantity supplied of product (A) to a change in price of product (A) alone. :E s = frac{% mbox{change in quantity supplied{% mbox{change… … Wikipedia
