Assertion: elasticity | /r/CapableOf | measure the percentage change
Facets:
value: in the quantity of supply
type: OTHER
Source sentences:
text: This is because the slope measures the absolute increase in quantity for an absolute increase in price, but the elasticity measures the percentage change.
text: This is because the slope measures the absolute increase in quantity for an absolute increase in price, but the elasticity measures the percentage change.
text: The elasticity of supply measures the percentage change in the quantity of supply compared to the percentage change in a supply determinant, much like how the elasticity of demand is measured.