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Author Question: There are two goods A and B. In which of the following cases will good A have the more price elastic supply? (Read 22 times)

CQXA

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on: May 25, 2020
There are two goods A and B. In which of the following cases will good A have the more price elastic supply?
◦ A higher proportion of national income is spent on A than on B.
◦ The cost of producing extra units increases more rapidly in the case of A than in the case of B.
◦ Consumers find it easier to find alternatives to A than to B.
◦ If it is less costly to shift from producing A to another product than it is to shift from producing B to another product.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by CQXA on May 25, 2020

miss_1456@hotmail.com

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Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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CQXA

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Reply 2 on: May 25, 2020
YES! Correct, THANKS for helping me on my review

Joy Chen

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Reply 3 on: Yesterday
Wow, this really help

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