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- 16:31, 5 September 2026 RobbinFlinders talk contribs created page Economics Notes On Price Flexibility Of Need And Rate Elasticity Of Supply By TET. (Created page with "In contrast, during a recession or times of economic slump, a firm must consider concentrating on the production of regular requirement products (for which the reduction sought after is less than proportionate), or even inferior items (whose demand really raises).<br><br>The demand for main items is most likely to enhance much less than proportionately to the increase in income, whereas the need for produced products is likely to increase by a better degree and the need...")