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- 18:23, July 17, 2025 ArlethaMuller9 talk contribs created page Economics Notes On Cost Elasticity Of Need And Cost Flexibility Of Supply By TET. (Created page with "In contrast, during an economic downturn or times of financial recession, a firm ought to think about focusing on the production of normal requirement products (for which the decline sought after is much less than proportional), and even inferior goods (whose need actually enhances).<br><br>7. With the same amount of rise in self-governing investing from AD1 to AD2, the preliminary boost in earnings, induces more costs, generating even more earnings, and through even mor...")