Pagina de inicio
/
Negocios
/
The supply curve is likely to be __ for many products that can be made quickly without huge amounts of copitar or skilled labor. Elastic Unit Elastic Inelastic

Problemas

The supply curve is likely to be __ for many products that can be made quickly without huge amounts of copitar
or skilled labor.
Elastic
Unit Elastic
Inelastic

The supply curve is likely to be __ for many products that can be made quickly without huge amounts of copitar or skilled labor. Elastic Unit Elastic Inelastic

Solución

avatar
Gabrielmaestro · Tutor durante 5 años
expert verifiedVerificación de expertos
4.0 (246 votos)

Responder

'Elastic'

Explicar

## Step 1<br />The supply curve in economics represents the relationship between the price of a good and the quantity of that good that producers are willing to supply. <br /><br />## Step 2<br />When a product can be made quickly without a large amount of capital or skilled labor, it means that the production of this product is not heavily dependent on specific resources or skilled labor. <br /><br />## Step 3<br />In such a scenario, producers can easily increase or decrease the production of the product in response to changes in price. This makes the supply curve for such products "Elastic". <br /><br />## Step 4<br />An elastic supply curve indicates that the quantity supplied is highly responsive to changes in price. <br /><br />## Step 5<br />On the other hand, an inelastic supply curve would indicate that the quantity supplied is not very responsive to changes in price, and a unit elastic supply curve would indicate that the percentage change in quantity supplied is equal to the percentage change in price. <br /><br />## Step 6<br />Given the conditions mentioned in the question, the most appropriate choice is "Elastic".
Haz clic para calificar: