The answer is<u> "a good with an elastic supply"</u>
A good or service has an elastic supply when the rate change in the amount provided surpasses the rate change in cost. By and large the supplier can react rapidly to a value change.
Elasticity of supply is estimated as the proportion of proportionate change in the amount provided to the proportionate change in cost. High elasticity demonstrates the supply is touchy to changes in costs, low elasticity shows little affectability to value changes, and no elasticity implies no association with cost. Likewise called value elasticity of supply.
<span>a. consumer sovereignty.</span>
Consumer is a person who buys goods and services.
<span>Producer is a person who provides the goods and services the consumer needs. </span>
The business owner who sells clothes and the farmer who sells his crops are examples of producers.
Option B, would be the best answer :)
Answer:
The moral sense of personhood denotes individual beings who are moral agents. Moral agents engage in behavior that can be evaluated as moral or immoral, as morally right or wrong, as morally permissible or morally impermissible. Their acts are blameworthy or praiseworthy.
