1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
yanalaym [24]
2 years ago
10

The main determinant of elasticity of supply is the Multiple Choice number of uses for the product. number of close substitutes

for the product available to consumers. amount of time the producer has to adjust inputs in response to a price change. urgency of consumer wants for the product.
Business
1 answer:
Fed [463]2 years ago
8 0

The main determinant of the Elasticity of Supply is the availability of close substitutes.

The Elasticity of Supply means the relationship between a commodity and its price. It measures how the company increases or decreases its production based on its change in price.

The major determinant of the Elasticity of Supply is:

1. Nature of the Goods - It takes into account the factor of production, which can easily get transferred.

2. The definition of the commodity-  The narrower the definition the greater the supply of elasticity.

3. Time- It works more in long run than in the short run.

4. Cost of attracting goods- If the related goods are cheaply available, the elasticity of supply is more.

5. Level of Price- It is inversely proportional to the elasticity of supply.

Learn more about Elasticity of Supply here: https://brainly.in/question/6581899?msp_srt_exp=6

#SPJ4

You might be interested in
Quantitative easing is the Question 8 options: gradual release of money into the money supply through open market operations. ta
RideAnS [48]

Answer: targeted use of open market operations in which a central bank targets certain markets

Explanation:

Quantitative easing is referred to as the targeted use of the open market operations whereby a central bank targets certain markets.

Quantitative easing (QE) is a form of monetary policy whereby the central bank buys securities from the open market so as to enable a scenario where there'll be a rise in the money supply and also encourage investment and lending in the economy.

7 0
3 years ago
Under which circumstance might you receive a tax refund from the IRS?
Maru [420]
If you over pay or if you happen to do something and the IRS give you something but it is not normal for the IRS to give
 you money
5 0
3 years ago
Match the tasks with the professionals who would complete them.
SVEN [57.7K]

Answer: The correct answers are,

A)Civil Engineer 5)designs and oversees a large construction

process

B)Logging Equipment Manager 6categorizes trees based

on their knot size, straightness, and other characteristics

C)Energy Auditor 4)reduces the amount of energy homeowners and companies use

Explanation:

4 0
3 years ago
PLEASE HELP!
kiruha [24]

Answer:

Consumers should not buy from companies that don't source materials

Explanation:

Companies should never have an excuse for not sourcing for their materials responsively and responsibly. They owe an ethical responsibility as well as a duty to offer their customers qualitative products at the best price and that is most sustainable to the environment.In recent times, through the widespread use of social media and the instrument of investigative journalism, it has been able to bring to the surface, the less than responsible activities of many companies in sourcing for their interest of the public and the environment.The 2006 movie "Blood Diamond" shows an avid description of how diamonds are mined and traded in the war-torn country of Sierra Leonne depicting the violation of Human and Child rights and how is excessively enriched diamond suppliers and companies.It is clear that many companies despite the public outcry for transparency in revealing their supply chain in sourcing for their materials still chose unorthodox practices. It therefore, falls on the consumers to spend their money responsibly and make smart and credible choices with their finances by refusing to buy from companies that are not transparent with their source materials.Consumers are the life-wire of any business and the hope of any business survival rests majorly on consumer satisfaction. Researches have shown that companies are no being accountable with the natural resources are utilized and have been used to cause serious harm to people and the environment. Since the companies manage to evade adequate regulations and responsibilities, it falls on the consumers to ensure that their money serves them to the greatest value.

8 0
3 years ago
Suppose that the country of Samiam produces only eggs and ham. In 2005 it produced 100 dozen eggs at $3 per dozen and 50 pounds
kozerog [31]

Answer:

d. nominal GDP is $500, real GDP is $400, and the GDP deflator is 125.

Explanation:

Real GDP is total output produced in an economy within a given period multiplied by base year prices

Nominal GDP is the sum of all final goods and services produced in an economy within a given period multiplied by current year prices.

Nominal GDP = (100 × $3) + (50 × $4) =

$500

Real GDP = (100 × 1.5) + (50 × $5) = $400

GDP deflator = (nominal gdp / real gdp) x 100

(500 / 400) × 100 = 125

I hope my answer helps you

6 0
3 years ago
Other questions:
  • A pure monopolist __________. a. will realize an economic profit if price exceeds ATC at the profit-maximizing/loss-minimizing l
    12·2 answers
  • The ease with which the customer can place and receive their order as well as other aspects of value that the sales staff provid
    8·1 answer
  • The intrinsic value of CSR sees it as an opportunity that can maximize core competencies and identify new competitive ______.
    10·1 answer
  • If you plan to take money out of the bank frequently, what type of account should you get?
    13·2 answers
  • ______ costs are administrative costs related to determining an order quantity, preparing purchase invoices, inspecting goods re
    12·1 answer
  • The financial statements for Castile Products, Inc., are given below:
    8·1 answer
  • A car is driven 15Km East for 12minutes before the road changes. The car is then driven south for 18minute​
    12·1 answer
  • "Stock in Daenerys Industries has a beta of 0.73. The market risk premium is 10 percent, and T-bills are currently yielding 5 pe
    6·1 answer
  • Documents created with Calc are saved as which file extension?
    6·1 answer
  • Which of the following industries faces the strongest threat from new entrants?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!