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- 17:09, July 17, 2025 WildaSchrantz talk contribs created page Economics Notes On Price Flexibility Of Need And Rate Elasticity Of Supply By TET. (Created page with "On the other hand, during an economic crisis or times of economic downturn, a firm needs to consider focusing on the production of typical need items (for which the decrease sought after is less than proportionate), or perhaps substandard products (whose need actually boosts).<br><br>7. With the same quantity of increase in autonomous costs from AD1 to AD2, the preliminary rise in earnings, generates even more investing, producing more income, and via more rounds of spen...")