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The supply of theatre seats is generally considered to be inelastic in the short term, as theatres have fixed seating capacities and cannot quickly adjust the number of seats available for a performance. Factors such as venue size and physical limitations restrict immediate changes to supply. However, in the long term, theatres may increase or decrease seating capacity through renovations or new constructions, making supply more elastic over time. Overall, the elasticity of supply can vary depending on the specific circumstances and market conditions.
What else can I help you with?
Is supply for bar soap inelastic or elastic?
is soap elastic or inelastic supply
What are the types of supply elasticity?
Types of elasticity of supply1) Perfectly elastic supply2) Relative elastic supply3) Unitary elastic supply4) Relatively in elastic supply5) Perfectly in elastic supply
Which firm is more likely to have an elastic supply?
A firm making underwear will need a supply of elastic.
What is an unitary elastic supply?
A unitary-elastic supply indicates a good with a supply-price elasticity of one, which means that a 1% change in price increases supply by 1%.
Will the supply of a good be more elastic if the price of the good increases?
Yes, the supply of a good will be more elastic if the price of the good increases.
Did the globe theatre have seats?
the globe theatre has got seats its got over 3,000 seats and standing places to
How many seats does the globe theatre have now?
How many seats are there in the globe theatre now? How many seats were there in the globe theatre before it got burnt down?
Is supply for bar soap inelastic or elastic?
is soap elastic or inelastic supply
What are the types of supply elasticity?
Types of elasticity of supply1) Perfectly elastic supply2) Relative elastic supply3) Unitary elastic supply4) Relatively in elastic supply5) Perfectly in elastic supply
Which firm is more likely to have an elastic supply?
A firm making underwear will need a supply of elastic.
Who is the one that shows people their seats in the theatre?
A person who shows people to their seats in a theatre is called an usher.
How many seats are in the palladium theatre?
There are 2286 seats at the palladium
How many seats are in the Victoria palace theatre?
about 1517 seats
What is an unitary elastic supply?
A unitary-elastic supply indicates a good with a supply-price elasticity of one, which means that a 1% change in price increases supply by 1%.
What do the front of house staff do?
They are the face of the theatre and the first people who the audience meet when entering the theatre. They sell tickets, direct audience members to their seats, supply beverages and snacks or merchandise and attends to the public's requirements.
How many seats are at the royal dury lane theatre?
2196 seats
Will the supply of a good be more elastic if the price of the good increases?
Yes, the supply of a good will be more elastic if the price of the good increases.
