Konsep Elastisitas Penawaran dalam Perspektif Ekonomi Islam
DOI:
https://doi.org/10.47971/antaradhin.v5i2.1005Keywords:
Supply Elasticity, Sales Strategy, Market Dynamic, Production FactorsAbstract
This study explores the concept of supply elasticity, a critical aspect of economics that measures the responsiveness of the quantity supplied to changes in price and other influencing factors. Supply elasticity is classified into several types: elastic, inelastic, unitary, perfectly elastic, and perfectly inelastic. Factors influencing supply elasticity include time, product durability, production factor mobility, ease of market entry for new producers, and inventory levels. This study employs a descriptive-analytical method, referencing various literature sources and case studies related to supply elasticity across different economic sectors. The findings indicate that understanding supply elasticity is crucial for formulating sales strategies, government policies, and comprehending market dynamics. Case studies discussed include the supply elasticity of coffee in Banda Aceh and the supply elasticity of output and input demand in shallot farming in Demak Regency. This research underscores the importance of grasping supply elasticity for effective decision-making in economics.
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