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Olegator [25]
3 years ago
11

Which of these is an example of a good with elastic supply?

Business
2 answers:
DerKrebs [107]3 years ago
8 0

Answer:

sandwiches

Explanation:

supplier has plenty of spare capacity to increase output

high stocks levels are available to meet raising demand

short production time frame to get products to market

easy of factor substitution is high

Leviafan [203]3 years ago
7 0

Answer:

Jet planes.

Explanation:

Elastic supply is a measure of the relationship between the quantities of a good supplied and change in prices. As it is expected that a change in change in price will affect the quantity of goods demanded and supplied , elastic of demand measure this relationship.

However , elastic supply occurs when the percentage change  in quantity supplied is greater than the percentage change in price.

Airplane can easily be substituted with options like train , vehicles and even boat ,therefore change in price could trigger a greater effect on the supply

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netineya [11]

Answer: Business process re-engineering

Explanation:

Business Reengineering is the fundamental rethinking and radical redesign of business processes to achieve dramatic improvements in critical, contemporary measures of performance, such as cost, quality, service, and speed” – Michael Hammer and James Champy

Business process reengineering is an approach used to improve organizational performance by increasing the efficiency and effectiveness of processes that exist across the organization. In addition to the redesigning of business processes, it also involves the redesigning of associated systems and organizational structures.

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Liono4ka [1.6K]

Managing quality helps build successful strategies of "​differentiation, low cost and response".

<u>Answer:</u> Option C

<u>Explanation:</u>

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In order to attract market, launch of unique product is necessary with pocket friendly price and good quality too. When quality is managed more according to the market need than the owners capability of finance, then only growth of firm is possible, thus quality of product should not be compromised.

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while the washington family was gone for the weekend, their home was broken into and robbed. manny, a professional boxer who liv
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<h3>Where does Manny stand historically?</h3>
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