The fraction that each group ends up paying or receiving depends on the relative elasticities of supply and demand 每一組最終支付和接受的部分取決于相關的供求彈性。
The price of elasticity of supply measures the responsiveness of quantity supplied of a good to a change in its price 價格供給彈性度量某商品的供給量對其價格改變的反應。
About explosive market dynamics where the time delay in respect of supply or demand towards a price signal on the one hand and the price elasticity of supply and demand on the other could result in enormous price volatility at huge social cost 記得曾在此專欄談到市場大幅波動的問題,即若供應方或需求方對價格訊息及供求的價格彈性的反應出現時間滯后,價格便可能會極度不穩(wěn)定,造成很大的社會代價。