perfectly inelastic supply

Noun

A situation in which firms/producers can only supply a fixed quantity, hence cannot increase, or decrease the available amount even if there are increases/decreases in price. (Elasticity of supply = 0)

Japanese Meaning

企業や生産者が、価格の変動にかかわらず一定の供給量しか提供できない状況、つまり供給の弾力性がゼロである状態。 / 市場価格が上昇しても下降しても供給量が変化しない供給形態。

What is this buttons?

During a supply shock, perfectly inelastic supply leaves firms unable to change output, intensifying shortages despite rising prices.

Google Translation / DeepL Translation

供給ショックの際には、価格に全く反応しない供給のために企業は生産量を変えられず、価格が上昇しても不足が深刻化する。

Details

Sense（1）

perfectly inelastic supplies

（ plural ）

Details

perfectly inelastic supply

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