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Producers will not change their quantity supplied by much even if the market price doubles.

There!

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Q: If the supply of a good is inelastic?
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Is supply for bar soap inelastic or elastic?

is soap elastic or inelastic supply


What is the The key factor that determines whether the supply of a good will be elastic or inelastic?

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The key factor that determines whether the supply of a good will be elastic or inelastic is .?

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What is the example of inelastic supply?

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What concepts best describe the supply of housing?

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When supply is relatively inelastic elasticity of supply es?

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What is the different between Perfectly inelastic supply and inelastic supply?

Perfectly elastic supply curve: The supply of a commodity will be perfectly elastic when its price remain constant but supply changes to any extent.The supply curve will be parallel to x axis.The numerical value of elasticity of supply will be infinity. Perfectly inelastic supply curve: The supply of a commodity will be perfectly inelastic when its supply remain constant but price changes to any extent.The supply curve will be parallel to y axis.The numerical value of elasticity of supply will be zero.


If the supply of a good inelastic?

Producers will not change their quantity supplied by much even if the market price doubles. There!


Steeper supply curve is more likely to be price elastic or price inelastic?

Price inelastic


What commodities has the most inelastic supply?

Housing;)


What commodities have the most inelastic supply?

In the short run, most commodities have inelastic supply curves. In the long run, with increased investment, supply could become more elastic. I would hazard a guess that the radio - active isotopes used for nuclear fuel such as Uranium-235 have the most inelastic supply.


What products have inelastic supply and inelastic demand?

Caffeine from coffees and teas. The caffeine is an inelastic supply because there arent many substitutes for caffeine. --Wayne Also products like salt and pepper are inelastic because people can consume only so much of them. --Danny R.