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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.

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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).


What is the difference between elastic and inelastic?

Elastic goods usually have many substitutes, so changes in price will decrease demand. Inelastic goods, on the other hand, have very few substitutes, so demand isn't generally affected by price change.

Related Questions

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.


Difference between elastic and inelastic demand?

difference between elastic and inelastic demand


What is the difference between inelastic collision and perfectly inelastic collision?

In an inelastic collision kinetic energy is lost (generally through energy used to change an objects shape), but the two objects rebound off each other with the remaining kinetic energy. In a perfectly inelastic collision the two objects stick together after the collision.


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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.


What are the key differences between inelastic demand and elastic demand in economics?

In economics, inelastic demand means that changes in price have little impact on the quantity demanded, while elastic demand means that changes in price have a significant impact on the quantity demanded.


How much control does an oligopoly have over price?

faces a demand curve that is inelastic throughout the range of market demand. faces a perfectly inelastic demand curve. is a price maker. is also able to dictate the quantity purchased


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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.


What is the difference between economy and economics?

The difference is that Economy is a system and Economics is the study of something.


What is difference between economics and economy?

The difference is that Economy is a system and Economics is the study of something.