3 years ago

If the supply of a good is inelastic

History

2 answers:

ipn [44]3 years ago

6 0

producers will not change their quantity supplied by much even if the market price doubles

Explanation: 100% gradpoint

Romashka [77]3 years ago

5 0

Answer:If price and total revenue change in the same direction, demand is inelastic. a measure of the extent to which the quantity supplied of a good changes when the price of the good changes. ... the percentage change in the quantity supplied is less than the percentage change in price.

Explanation:

You might be interested in

The following quote is from British officer Sir William Erskine during the Second Battle of Trenton of the Revolutionary War.

Inessa [10]

B.The British troops didn’t have enough artillery for the battle.

E.The revolutionaries would attack the British troops at night.

6 0

3 years ago

Read 2 more answers

Which of the following bills had to be paid by the national government after the American Revolution?

zheka24 [161]

Answer: