Ashy A.

asked • 10/30/21

Ap Econ question

Which of the following leads to a more inelastic price elasticity of supply?

a) a shorter time period in which to supply the good

b) a small demand for the good

c) a high degree of substitutability between inputs

d) the use of inputs that are easily obtained

e) a more inelastic price elasticity of demand


can someone explain why?

Thanks

1 Expert Answer

By:

Still looking for help? Get the right answer, fast.

Ask a question for free

Get a free answer to a quick problem.
Most questions answered within 4 hours.

OR

Find an Online Tutor Now

Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.