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  • https://socialsci.libretexts.org/Bookshelves/Economics/Economics_(Boundless)/6%3A_Elasticity_and_its_Implications/6.3%3A_Price_Elasticity_of_Supply
    The price elasticity of supply is the measure of the responsiveness in quantity supplied to a change in price for a specific good.
  • https://socialsci.libretexts.org/Bookshelves/Economics/Economics_(Boundless)/5%3A_Consumer_Choice_and_Utility/5.2%3A_Theory_of_Consumer_Choice
    Budget constraints represent the plausible combinations of products and services a buyer can purchase with the available capital on hand.
  • https://socialsci.libretexts.org/Bookshelves/Economics/Economics_(Boundless)/16%3A_Taxes_and_Public_Finance/16.3%3A_Progressive_Proportional_and_Regressive_Taxes
    Taxes can be evaluated based on an average impact or a marginal impact and can be categorized as progressive, regressive, or proportional.
  • https://socialsci.libretexts.org/Bookshelves/Economics/Economics_(Boundless)/3%3A_Introducing_Supply_and_Demand/3.4%3A_Government_Intervention_and_Disequilibrium
    Governments intervene in markets when they inefficiently allocate resources.
  • https://socialsci.libretexts.org/Bookshelves/Economics/Economics_(Boundless)/6%3A_Elasticity_and_its_Implications/6.1%3A_Price_Elasticity_of_Demand
    The price elasticity of demand (PED) measures the change in demand for a good in response to a change in price.
  • https://socialsci.libretexts.org/Courses/Diablo_Valley_College/Econ_101%3A_Economics_of_Public_Issues_(Sorce)/14%3A_Taxation_and_the_Public_Budget/14.07%3A_Taxation/14.7.03%3A_Progressive_Proportional_and_Regressive_Taxes
    Taxes can be evaluated based on an average impact or a marginal impact and can be categorized as progressive, regressive, or proportional.
  • https://socialsci.libretexts.org/Bookshelves/Economics/Economics_(Boundless)/12%3A_Monopolistic_Competition/12.1%3A_Monopolistic_Competition
    Monopolistic competition is a type of imperfect competition such that many producers sell products that are differentiated from one another.

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