0
The key factor that determines whether the supply of a good will be elastic or inelastic is .?
Wiki User
∙ 6y ago
time
Wiki User
∙ 6y ago
Add your answer:
Earn +20 pts
What is the The key factor that determines whether the supply of a good will be elastic or inelastic?
Time
Is bread elastic or inelastic?
Inelastic It is inelastic because it is a necessity, which is a factor that determines price elasticity, bread is a staple diet around the world which makes it a need and therefore a necessity which is inelastic.
What factor determines whether a country's economy is more or less capitalist?
m
What is highly inelastic?
Highly unresponsive to changes in some endogenous factor.
What is a critical factor in determining whether something gets produced as a public good?
Whether the benefits to society are greater than the total cost determines if something is produced for the public good. or cost
What is the The key factor that determines whether the supply of a good will be elastic or inelastic?
Time
Is bread elastic or inelastic?
Inelastic It is inelastic because it is a necessity, which is a factor that determines price elasticity, bread is a staple diet around the world which makes it a need and therefore a necessity which is inelastic.
What is the primary factor that determines whether an element Is a nonmetal?
huhuhuhuuu
What is a factor that determines whether molecules can cross a cell membranes?
mass
What is a factor that determines whether a molecules can cross a cell membrane?
mass
The difference between a elastic and inelastic demand?
Elastic demand changes according to some other factor. The demand for holdiay trees is elastic throughout the year because there is only damand during the winter season. Inelastic demand is constant. As you might have guessed, the demand for gasoline is inelastic because most families need a constant supply. Even during the so-called summer driving season, the uptick in demand is going to remain the same, unless prices cause what is called "demand destruction." This is what happened during 2009.
Which factor determines what resources are considered nonrenewable?
Whether they can be replaced as fast as they are used
What factor determines whether a country's economy is more or less capitalist?
m
What factor determines whether the frequency of the new allele will increase?
Which factor might determine whether the frequency of the new allele will increase in a population where a mutation occurs?
What is a factor that determines whether a molecule cross a cell membrane?
size/ polarity can be the factors
What factor is the most important that determines whether water is a solid liquid or a gas?
temperature
What is the greatest factor that determines whether a person is socially extroverted or introverted?
Self confidence
