This is what the supply curve describes. For each individual producer there is a... | Hacker News

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nasmorn 7 months ago | parent | context | favorite | on: American importers and consumers bear the cost of ...

This is what the supply curve describes. For each individual producer there is a hard cutoff but in aggregate these are a curve

nosianu 7 months ago [–]

No, the standard price elasticity of demand curve does not directly include profits. It primarily models the relationship between price and quantity demanded.

Supply curve??? The OP wrote "This is confirming demand is more inelastic"

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