Exposure to the very high intensity electromagnetic fields found in the immediate vicinity of certain sources such as radar installations and TV or radio transmitters can produce electrical shock or a variety of heating effects, which may range from a sensation of warmth to burns and eventual cataract formation.
S 1 is a vertical, perfectly inelastic, supply curve. This represents 'momentary' supply. In most industries, if a firm was asked to produce a large order immediately, it simply would not be able to do it, regardless of the price offered for the order. Supply is perfectly inelastic in the very short run.
Supply, and the Phillips Curve. uThe Phillips curve shows the short-run. combinations of unemployment and. inflation that arise as shifts in the. aggregate demand curve move the. economy along the short-run aggregate. supply curve. Harcourt, Inc. items and derived items copyright Â© 2001 by Harcourt, Inc.