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OverLord2011 [107]
3 years ago
12

The factors that affect the price elasticity of supply include: Instructions: You may select more than one answer.

Business
1 answer:
bearhunter [10]3 years ago
8 0

Answer:

The correct answer is letter "A", "B", and "D": the availability of inputs; the flexibility of the production process; time needed to adjust to changes in price.

Explanation:

Price elasticity of supply reflects the changes in supply after a change in prices. The price elasticity of supply is calculated dividing the percentage in the change of quantity supplied by the percentage in the change of price. If the result is equal or greater than one (1) the supply of that good is elastic. If the result is lower than one (1), then the supply is inelastic.

Three main factors determine the price elasticity of supply which are <em>the amount of inventory or raw material in the industry, the capacity to increase or decrease the production, </em>and <em>the time needed to produce the good to be offered based on the price fluctuations.</em>

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Assume the bid rate of an Australian dollar is $0.60 while the ask rate is $0.61 at Bank Q. Assume the bid rate of an Australian
jarptica [38.1K]

Answer:

$16,393.44

Explanation:

Calculation for what would be your gain

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Define the term supply chain, and describe the three components and the three flows of a supply chain.
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3 years ago
Enrico is having trouble telling the difference between the sound of a tuba and the sound of a piccolo. Even though a piccolo pr
Serggg [28]

Answer:

Pitch

Explanation:

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Which career would organize,train and support teachers and educational workers to help them provide better instruction?
borishaifa [10]
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6 0
3 years ago
An investment adviser representative is also a commisioned representative at a brokerage firm. the iar has developed an asset al
Zolol [24]

Answer:

The options include:

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