Economics 9708 · AS & A Level · Price elasticity of supply

Price elasticity of supply — practice question

What is the probable price elasticity of supply for highly perishable goods and goods with low stocks?

  • Ahighly perishable goods: elastic; goods that have low stocks: elastic
  • Bhighly perishable goods: elastic; goods that have low stocks: inelastic
  • Chighly perishable goods: inelastic; goods that have low stocks: elastic
  • Dhighly perishable goods: inelastic; goods that have low stocks: inelastic

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