If a fixed quantity of a good is available and no more can be made, what is the price elasticity of supply?

If the amount of the goods supplied does not change, the price changes are absolutely inelastic. This is because prices are determined by the amount of supply on the market. This would mean, however, that if the supply of goods on the market does not change, the price elasticity will remain unchanged.

Changes in supply can also drive changes in price elasticity on the market. This is because when the supply is high, the prices will go down. However, when the supply is poor, the prices will go down. Thus, the price elasticity of this goodwill remains unchanged and is completely inelastic.

The price elasticity of the product supply can differ depending on its availability on the market. However, when the supply is at its highest stage, so that there is no more supply, the price elasticity would be completely inelastic. The price elasticity of a specific commodity supply can affect the price elasticity of such products. However when the supply is at a stage where there are no changes, the price elasticity of this good would be fully inelastic.