asked 105k views
4 votes
The suppliers of Good A are more able to increase production in response to price increases than the suppliers of Good B. This means that the suppliers of Good A

Select one:
a. have greater production costs
b. have a greater price elasticity of supply
c. should consider trading with the suppliers of Good B
d. sell inferior goods
e. must have an elasticity coefficient greater than 1

2 Answers

7 votes

Answer:

I think it is

b. have a greater price elasticity of supply

answered
User Aminos
by
8.1k points
2 votes

Answer:

Maybe C.

Step-by-step explanation:

answered
User Bryanne
by
7.9k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.