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标题: I don't understand part of econ... [打印本页]

作者: bkballa    时间: 2013-4-8 22:07     标题: I don't understand part of econ...

This makes no logical sense to me (Am i the only one)?
Nonrenewable resources have an inelastic supply curve, and renewable resources have an elastic supply curve.
作者: jawz    时间: 2013-4-8 22:08

no its illogical for me too…take oil  historically you’ve always had a supply side response to the increase in price (not so much now!)…thats right isnt it?
作者: Dapper425    时间: 2013-4-8 22:08

nonrenewable resources have a perfectly elastic supply curve




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