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spin [16.1K]
3 years ago
8

According to the article, what is meant by the

SAT
1 answer:
Jobisdone [24]3 years ago
3 0

Answer: its D

Explanation:

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The graph shows the price of green tea compared to the amount supplied by producers. A graph titled Supply of Green Tea has quan
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The graph suggestion about green tea is that Green tea is inelastic in terms of supply and The supply of green tea does not change sharply with the price.

  • In economics, when a commodity is inelastic, The supply or demand is not that moved (sharply or sensitive) to changes in the price of that commodity (price of green tea)

Conclusively, we can therefore say that the graph suggestion about green tea is that Green tea is inelastic in terms of supply and The supply of green tea does not change sharply with the price.

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