available raw materials are one of the limiting factors regulating carrying capacity
Carrying capacity Some aspects of a system's carrying capacity may involve matters such as available supplies of food, water, raw materials, and/or other similar resources. In addition, there are other factors that govern carrying capacity which may be less instinctive or less intuitive in nature, such as ever-increasing and/or ever-accumulating levels of wastes, damage, and/or eradication of essential components of any complex functioning system. Eradication of, for example, large or critical portions of any complex system (envision a space vehicle, for instance, or an airplane, or an automobile, or computer code, or the body components of a living vertebrate) can interrupt essential processes and dynamics in ways that induce systems failures or unexpected collapse. (As an example of these latter factors, the "carrying capacity" of a complex system such an airplane is more than a matter of available food, or water, or available seating, but also reflects total weight carried and presumes that its passengers do not damage, destroy, or eradicate parts, doors, windows, wings, engine parts, fuel, and oil, and so forth.) Thus, on a global scale, food and similar resources may affect planetary carrying capacity to some extent so long as Earth's human passengers do not dismantle, eradicate, or otherwise destroy critical biospheric life-support capacities for essential processes of self-maintenance, self-perpetuation, and self-repair.
Tax incidence If, in contrast to the previous example, the producer is perfectly inelastic, he will continue producing the same quantity no matter the price. In case that the consumer is elastic; the consumer becomes very sensitive and weary of the price (Melville 24). A small increase in the price of something leads to a large drop in the quantity that is being demanded. The imposition of taxes causes the market price to have an increase from P without taxes. It rises to P with taxes. In most markets, elasticities of the supply and demand are similar to the short-run and result in the burden of the taxes that has been imposed. The tax that has been imposed is shared between two groups and in varying proportions. In general, the group that will have a greater tax burden is the one that exhibits greater relative inelasticity (Prasad 49). When there is an increase in elasticity in one place, the demand for the quantity changes so that it can suit the different needs that have been set by the tax burden. Tax burden, therefore, varies a lot with elasticity in materials.