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Author Question: The supply curve will be more inelastic when: (Read 66 times)

yoroshambo

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on: Jul 20, 2019
The supply curve will be more inelastic when:
◦ the firm is experiencing diminishing returns to a variable input.
◦ a good has many substitutes.
◦ inputs to production are scarce.
◦ firms' response to a price change is limited by the limited capacity of their production facilities.
Microeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 8th Edition
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Marked as best answer by yoroshambo on Jul 20, 2019

Brenm

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Reply #1 on: Jul 20, 2019
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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yoroshambo

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Reply 2 on: Jul 20, 2019
Great answer, keep it coming :)

adammoses97

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Reply 3 on: Yesterday
:D TYSM

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