So, if the corn from your farm has a price elasticity of supply equal to 0.2, it is inelastic. The PES for perfectly elastic supply is infinite, where the quantity supplied is unlimited at a given ...

Abstract: Perfectly matched layer (PML ... In this paper, we extend the ADE CFS-PML to general curvilinear (non-orthogonal) grids for elastic wave modelling. Unlike the common implementations to ...

Investment is essentially passive: the "one good" assumption leads to a perfectly elastic investment supply; the absence of installation costs for investment leads to a perfectly elastic investment ...

Abstract: The perfectly matched layer absorbing boundary condition has proven to be very efficient for the elastic wave equation written as a first-order system in velocity and stress. We demonstrate ...