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What is the different between Perfectly inelastic supply and inelastic supply?
Perfectly elastic supply curve: The supply of a commodity will be perfectly elastic when its price remain constant but supply changes to any extent.The supply curve will be parallel to x axis.The numerical value of elasticity of supply will be infinity. Perfectly inelastic supply curve: The supply of a commodity will be perfectly inelastic when its supply remain constant but price changes to any extent.The supply curve will be parallel to y axis.The numerical value of elasticity of supply will be zero.
Explain the difference between price elasticity of demand and the slope of a demand curve?
Price elasticity is a specific type of slope of the demand curve. A perfectly inelastic demand means that the quantity will not change with the price. This line is perfectly vertical. A perfectly elastic demand curve is horizontal and means that at any given quantity, there is only one price. Also, a slope gets steeper, demand becomes more inelastic.
Distinguish between elastic and inelastic demand?
An example of perfectly inelastic demand would be a life-saving drug that people will pay any price to obtain. Elastic demand is the opposite of this.
One difference between a perfectly competitive firm and a monopoly is that a perfectly competitive firm produces where?
perfectly competitive industry become a monopoly， what changes
What is the difference between perishable and durable goods?
perishable products are inelastic products as they have less substitutes as compared to durable products which have more substiutes
What is the difference between inelastic and perfectly inelastic collisions?
In an inelastic collision, kinetic energy is not conserved and some energy is lost as heat or sound. In a perfectly inelastic collision, the objects stick together after colliding and move as one unit, with maximum energy loss.
What is the value of coefficient of restitution for inelastic collision?
The coefficient of restitution for an inelastic collision is typically between 0 and 1, where 0 represents a perfectly inelastic collision (objects stick together after colliding) and 1 represents a perfectly elastic collision (objects bounce off each other without any loss of kinetic energy). In an inelastic collision, the kinetic energy is not conserved and part of it is transformed into other forms of energy, such as heat or sound.
What is the difference between an inelastic collision and an elastic collision?
In an inelastic collision, kinetic energy is not conserved and some energy is lost as heat or sound. In an elastic collision, kinetic energy is conserved and no energy is lost.
What is coefficient of restitution?
The coefficient of restitution is a measure of how much kinetic energy is retained after a collision between two objects. It is a value between 0 and 1, where 1 represents a perfectly elastic collision (no energy loss) and 0 represents a perfectly inelastic collision (all energy is lost).
Difference between elastic and inelastic demand?
difference between elastic and inelastic demand
What is the difference between a perfectly elastic and a perfectly inelastic demand curve in economics?
A perfectly elastic demand curve means that the quantity demanded changes infinitely with a change in price, while a perfectly inelastic demand curve means that the quantity demanded remains constant regardless of price changes.
What happens to the vehicles in a collision and the principles of elastic and inelastic collisions?
When the collision is perfectly elastic then energy is not lost but exchanged between the bodies collided. So total KE would remain the same before and after collision. But in case of inelastic collision, there would be loss of energy in the form of heat or sound or vibration etc etc. But whether collision is elastic or inelastic the momentum is conserved. That is, the total momentum in a given direction would be the same before and after collision.
What happens to the kinetic energy in a perfectly elastic collision between two perfectly rigid objects?
In a perfectly elastic collision between two perfectly rigid objects, the kinetic energy is conserved. This means that the total kinetic energy before the collision is equal to the total kinetic energy after the collision.
What is the relationship between kinetic energy and the conservation of momentum in an inelastic collision?
In an inelastic collision, kinetic energy is not conserved because some of it is transformed into other forms of energy, such as heat or sound. However, momentum is always conserved in any type of collision, including inelastic collisions. This means that the total momentum before the collision is equal to the total momentum after the collision, even if kinetic energy is not conserved.
What is inelastic momentum?
Inelastic momentum refers to a situation where momentum is not conserved during a collision between two objects. In an inelastic collision, kinetic energy is not conserved, and some of the initial kinetic energy is transformed into other forms of energy such as heat, sound, or deformation. This results in a decrease in the total kinetic energy of the system after the collision.
What is elastic and inelastic collision?
In an elastic collision, no kinetic energy is lost, and the relative speed of separation of the objects after the collision is the same as the relative speed before the collision. In an inelastic collision, part of the elastic energy is lost, and the relative speed after the collision is less.
Which type of collision occurs when a baseball bat hits a baseball?
inelastic collision The formulas for the velocities after a one-dimensional collision are: where V1f is the final velocity of the first object after impact V2f is the final velocity of the second object after impact V1 is the initial velocity of the first object before impact V2 is the initial velocity of the second object before impact M1 is the mass of the first object M2 is the mass of the second object CR is the coefficient of restitution; if it is 1 we have an elastic collision; if it is 0 we have a perfectly inelastic collision
