Why does supply function have a negative intercept

Graph linear supply functions, which represent (i) an elastic function; (ii) a unit elastic function; and (iii) an inelastic function.

If a supply curve is perfectly horizontal, what is the value of the price elasticity of supply?

The slope of the demand curve is unitless. True False

Given the following information,when price is 100ksh the quantity supplied is 45units and when the price increases to 250ksh the quantity supplied is 60 units.Derive the function that depicts the law of supply

The quantity demanded for product A increases 8% when the price of product B increases 16% and the other variables remain the same. Calculate the cross elasticity of demand. Products A and B, are they complementary or substitutes? Why? By drawing a graph, show the change in the demand curve for product A as a result of the change in the price of product B.

Can it be possible that for a particular product the demand curve is perfectly inelastic, regardless of price? Explain your answer in detail.

for the below table, can you provide the supply function and list out the different variables and constants for it?

For each demand function, find an expression for the price elasticity of demand. 1. D(p)=60−p2. D(p) = 40p^−23. D(p)=(p+2)^−1

The textbook discusses several things that determine how price elastic the supply of a good or service is. These are known as the determinants of the price elasticity of supply. Changes in these determinants can cause the elasticity of supply to change. The figure below shows a supply curve that starts out perfectly inelastic at S, and then becomes more elastic as it moves to S,, and then to S3. Which of the determinants of the elasticity of supply could this graph be representing? S. Price Quantity Determinant Represented by the Graph Drag appropriate answer(s) here time and the adjustment process %23 the flexibility of buyers change in income the flexibility of producers Drag appropriate answer(s) here Not a Determinant Represented by the Graph