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  2. Inelastic collision - Wikipedia

    en.wikipedia.org/wiki/Inelastic_collision

    A completely inelastic collision between equal masses. A perfectly inelastic collision occurs when the maximum amount of kinetic energy of a system is lost. In a perfectly inelastic collision, i.e., a zero coefficient of restitution, the colliding particles stick together. In such a collision, kinetic energy is lost by bonding the two bodies ...

  3. Price elasticity of demand - Wikipedia

    en.wikipedia.org/wiki/Price_elasticity_of_demand

    When the price elasticity of demand for a good is perfectly inelastic (E d = 0), changes in the price do not affect the quantity demanded for the good; raising prices will always cause total revenue to increase. Goods necessary to survival can be classified here; a rational person will be willing to pay anything for a good if the alternative is ...

  4. Elastic collision - Wikipedia

    en.wikipedia.org/wiki/Elastic_collision

    At any instant, half the collisions are, to a varying extent, inelastic collisions (the pair possesses less kinetic energy in their translational motions after the collision than before), and half could be described as “super-elastic” (possessing more kinetic energy after the collision than before

  5. 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 ...

  6. Demand curve - Wikipedia

    en.wikipedia.org/wiki/Demand_curve

    When the demand curve is perfectly inelastic (vertical demand curve), all taxes are borne by the consumer. When the demand curve is perfectly elastic (horizontal demand curve), all taxes are borne by the supplier. If the demand curve is more elastic, the supplier bears a larger share of the cost increase or tax. [16]

  7. Coefficient of restitution - Wikipedia

    en.wikipedia.org/wiki/Coefficient_of_restitution

    The COR is a property of a pair of objects in a collision, not a single object. If a given object collides with two different objects, each collision has its own COR. When a single object is described as having a given coefficient of restitution, as if it were an intrinsic property without reference to a second object, some assumptions have been made – for example that the collision is with ...

  8. IS–LM model - Wikipedia

    en.wikipedia.org/wiki/IS–LM_model

    Money supply is determined by central bank decisions and willingness of commercial banks to loan money. Money supply in effect is perfectly inelastic with respect to nominal interest rates. Thus the money supply function is represented as a vertical line – money supply is a constant, independent of the interest rate, GDP, and other factors.

  9. File:Perfectly inelastic supply.svg - Wikipedia

    en.wikipedia.org/wiki/File:Perfectly_inelastic...

    This diagram illustrates the effect of taxation on a market with perfectly inelastic supply and elastic demand. Source self-made, based on work by User:SilverStar on Image:Deadweight-loss-price-ceiling.svg. Date 2008-03-17 Author Explodicle Permission (Reusing this file) See below.