Which of these products or services is likely to have an inelastic supply in the short run? a. cargo ships b. haircuts c. newspapers d. staples

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asked Oct 9, 2017 13.0k views

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Javid Asgarov · Answer 1 · 2017-10-16T05:35:20+0000

cargo ships because even if demand goes up, the supply won't increase in the short run, because it will take months or years to build some more ships. That's inelastic supply.

Which of these products or services is likely to have an inelastic supply in the short run? a. cargo ships b. haircuts c. newspapers d. staples

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