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Samples in periodicals archive:
The study calculated a price elasticity of supply in the range of 0.
The price elasticity of supply is found to be relatively high: a 10 percent increase in the price that homeowners are willing to pay for coverage results in a 27 percent increase in the number of policies supplied.
The fact that the long-run price elasticity of supply of rental housing is estimated to be in excess of 10 means that there will be practically no long-run effect on rents from a reduction of on-base naval housing.