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Katena32 [7]
3 years ago
13

Analyse why price elasticity of supply can differ between products​

Law
1 answer:
Verizon [17]3 years ago
8 0

Answer:

The price elasticity of supply is determined by: Number of producers: ease of entry into the market. Spare capacity: it is easy to increase production if there is a shift in demand. Ease of switching: if production of goods can be varied, supply is more elastic.

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