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GaryK [48]
3 years ago
11

Based on the information presented in the scenario,

Social Studies
2 answers:
Naily [24]3 years ago
6 0

Answer:

ability to produce

Explanation:

atroni [7]3 years ago
5 0

Answer:

Option D, ability to produce

Explanation:

It is understood from the description that due to hindrances in the supply of raw material, company has decided to produce furniture made up of pine tree.  

Both the elasticity of supply and the law of supply establish a relationship between the supply of goods and its price. Therefore, these two are not the correct answer.  

This is also not a case of competition. However, the ability of the company to produce standard furniture using pine wood along with oak wood is depicted in this description.  

Hence, option D is correct

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