1. Flexibility of inputs
2. Mobility of inputs
3. Availability to produce substitutes
4. Time
Demand from consumers.
what are the factors that influence supply
time
I cannot answer this question.
with the age the elasticity of the body and even the vessels and artries also reduces whihch ultimatly create aproblem to the supply as its capacity of uptake of blood is reduces
Demand from consumers.
what are the factors that influence supply
time
price of the commodity
There are four main factors that influence supply elasticity. Those factors are the ability to produce other goods; the ability to shut down and cease business; the ability to take advantage of alternative resources; and the amount of time it takes to respond to changes in price.
I cannot answer this question.
There are plenty of factors affecting elasticity of demand including climate of the area. Other factors that effect elasticity of demand include supply and group of people buying.
with the age the elasticity of the body and even the vessels and artries also reduces whihch ultimatly create aproblem to the supply as its capacity of uptake of blood is reduces
Some common questions about elasticity in economics include: How does price elasticity of demand affect consumer behavior? What factors influence the elasticity of supply for a particular good or service? How does income elasticity of demand impact the overall economy? What is the relationship between cross-price elasticity and substitute or complementary goods? How can elasticity be used to predict market trends and make pricing decisions?
supply elasticity
They dont
Factors that can affect the elasticity of an object include the material it is made of, its temperature, the presence of any defects or imperfections, and the amount of force applied to it. The type of loading (e.g. tension, compression, shear) and the object's dimensions can also influence its elasticity.