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Elastic supply occurs when a small change in price brings about a large change in the quantity supplied. Which of the following is not a main factor that can lead to a good or s…

Elastic supply occurs when a small change in price brings about a large change in the quantity supplied. Which of the following is not a main factor that can lead to a good or s…
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Elastic supply occurs when a small change in price brings about a large change in the quantity supplied. Which of the following is not a main factor that can lead to a good or service having elastic supply?

The product can be manufactured at a higher cost.

The product can be manufactured quickly.

The product can be manufactured using few resources.

The product can be manufactured using easily obtained resources.

asked
User WYi
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8.0k points

1 Answer

6 votes

Answer:

The product can be manufactured at a higher cost.

Step-by-step explanation:

answered
User Bkconrad
by
7.1k points
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