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Elastic supply occurs when a small change in price brings about a large change in the quantity supplied. Which of the following is not a main factor that can lead to a good or service having elastic supply?
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Elastic supply occurs when a small change in price brings about a large change in the quantity supplied. Which of the following is not a main factor that can lead to a good or service having elastic supply?

The product can be manufactured at a higher cost.

The product can be manufactured quickly.

The product can be manufactured using few resources.

The product can be manufactured using easily obtained resources.

User WYi
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1 Answer

6 votes

Answer:

The product can be manufactured at a higher cost.

Step-by-step explanation:

User Bkconrad
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