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gayaneshka [121]
3 years ago
7

Usually, price elasticities of supply areA) positive, because higher prices yield larger quantities supplied.B) considered short

-run adjustments due to supply constraints. C) ordinarily a negative number based on the law of supply.D) an inverse relationship between price and quantity supplied.
Business
1 answer:
Anna35 [415]3 years ago
3 0

Answer:

A) Positive, because higher prices yield larger quantities supplied.

Explanation:

The correct answer to the question is A) Positive, because higher prices yield larger quantities supplied. The price elasticity of supply determines the change in price as a response to the change in supply of the good or service supplied. This is usually calculated in a figure that determines that if price increases what will be the impact on its supply, which usually is a positive figure.

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