0
What else can I help you with?
What commodities has the most inelastic supply?
Housing;)
Commodities has the most inelastic supply?
Housing!:p
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.
Which of the following commodities has the most inelastic demand and why?
Housing. housing can't change very quickly because building houses is expensive and time consuming.
Which commodity has the most inelastic supply?
The commodity with the most inelastic supply is typically considered to be agricultural products, particularly staples like rice or wheat. These commodities often have limited supply responsiveness due to factors like growing seasons, land availability, and the time required for production. Inelastic supply means that even significant changes in price do not lead to substantial changes in the quantity supplied, primarily because farmers cannot quickly adjust production levels.
What commodities has the most inelastic supply?
Housing;)
Commodities has the most inelastic supply?
Housing!:p
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 commodities have the most inelastic?
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.
Which of the following commodities has the most inelastic demand and why?
Housing. housing can't change very quickly because building houses is expensive and time consuming.
Which commodity has the most inelastic supply?
The commodity with the most inelastic supply is typically considered to be agricultural products, particularly staples like rice or wheat. These commodities often have limited supply responsiveness due to factors like growing seasons, land availability, and the time required for production. Inelastic supply means that even significant changes in price do not lead to substantial changes in the quantity supplied, primarily because farmers cannot quickly adjust production levels.
What is the most common reason for supply to be inelastic?
The difficulty of changing the amount produced
Why does meat very in price?
Supply and demand, like most other commodities.
How would you rank the following items from the least elastic (most inelastic) to the most elastic?
The ranking of elasticity from least elastic (most inelastic) to most elastic is as follows: necessity goods, luxury goods, and normal goods.
What is a price cut when the demand for a normal good is price inelastic?
Demand is inelastic when changes the in price of a commodity do not effect (or have very little effect) the quantity of that product demanded. For most commodities, demand decreases with price increases and demand increases with price decreases.
Which of the following provides the most calories per gram?
fats supply the most calories per gram
What would cause a decrease in aggregate supply?
Aggregate supply is the supply of all goods and services within a country. Which of the following would most likely cause a decrease in the aggregate supply
