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  2. Inelastic mean free path - Wikipedia

    en.wikipedia.org/wiki/Inelastic_mean_free_path

    The inelastic mean free path of electrons can roughly be described by a universal curve that is the same for all materials. [1] [3] The knowledge of the IMFP is indispensable for several electron spectroscopy and microscopy measurements. [4]

  3. Elasticity (economics) - Wikipedia

    en.wikipedia.org/wiki/Elasticity_(economics)

    If supply elasticity is zero, the supply of a good supplied is "totally inelastic", and the quantity supplied is fixed. It is calculated by dividing the percentage change in quantity supplied by the percentage change in price. [15] The supply is said to be inelastic when the change in the prices leads to small changes in the quantity of supply.

  4. Price elasticity of supply - Wikipedia

    en.wikipedia.org/wiki/Price_elasticity_of_supply

    Relatively inelastic supply: This is when the E s formula gives a result between zero and one, meaning that when there is a change in price, the percentage change in supply is lower than the percentage change in price. For example, if a product costs $1 and then increases to $1.10 the increase in price is 10% and therefore the change in supply ...

  5. Elasticity of intertemporal substitution - Wikipedia

    en.wikipedia.org/wiki/Elasticity_of_inter...

    In usual economic applications, there is restriction >, since agents are assumed to not be risk-loving. In the diagram, one can see that as σ → ∞ {\displaystyle \sigma \to \infty } , the utility curve becomes more linear, indicating that the agent does not attempt to smooth consumption over time, similar to how a risk-neutral agent does ...

  6. Free market - Wikipedia

    en.wikipedia.org/wiki/Free_market

    A free market does not directly require the existence of competition; however, it does require a framework that freely allows new market entrants. Hence, competition in a free market is a consequence of the conditions of a free market, including that market participants not be obstructed from following their profit motive.

  7. Universal curve - Wikipedia

    en.wikipedia.org/wiki/Universal_curve

    To describe the Inelastic mean free path of electrons in solids. A universal object for the moduli of curves This page was last edited on 13 ...

  8. Elasticity of substitution - Wikipedia

    en.wikipedia.org/wiki/Elasticity_of_substitution

    The general definition of the elasticity of X with respect to Y is = % % , which reduces to = for infinitesimal changes and differentiable variables. The elasticity of substitution is the change in the ratio of the use of two goods with respect to the ratio of their marginal values or prices.

  9. Mean free path - Wikipedia

    en.wikipedia.org/wiki/Mean_free_path

    In physics, mean free path is the average distance over which a moving particle (such as an atom, a molecule, or a photon) travels before substantially changing its direction or energy (or, in a specific context, other properties), typically as a result of one or more successive collisions with other particles.