2 years ago

Example of demonstrates supply elasticity and supply inelasticity.

2 answers:

6 0

a CD fails to be a hit, stores discount it by 30%, and recording company lowers production by 50%
a CD fails to be a hit, stores discount it by 30%, and recording company lowers production by 50%

elena55 [62]2 years ago

6 0

Answer: Supply elasticity = pizza, bread, books
Supply inelasticity = water, gasoline, housing

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