You need to log-in or subscribe in order to use Student access.

Perfectly elastic / inelastic supply curves

This is a continuation of PES theory and looks at the most extreme types of supply elasticity - perfectly elastic and perfectly inelastic supply. Perfectly inelastic supply is the easier of the two to explain. Why not start your class with a simple question, asking your students if they can think of any examples of either. A further advantage of starting your lesson off with this question is that it may incite a response...

To access the entire contents of this site, you need to log in or subscribe to it.

Alternatively, you can request a one month free trial.