Ask Question
BusinessBusiness
6 July, 01:02

Usually, price elasticities of supply areA) positive, because higher prices yield larger quantities supplied. B) considered short-run adjustments due to supply constraints. C) ordinarily a negative number based on the law of supply. D) an inverse relationship between price and quantity supplied.

+2
Answers (1)
  1. 6 July, 02:21
    0
    A) Positive, because higher prices yield larger quantities supplied.

    Explanation:

    The correct answer to the question is A) Positive, because higher prices yield larger quantities supplied. The price elasticity of supply determines the change in price as a response to the change in supply of the good or service supplied. This is usually calculated in a figure that determines that if price increases what will be the impact on its supply, which usually is a positive figure.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Usually, price elasticities of supply areA) positive, because higher prices yield larger quantities supplied. B) considered short-run ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Dunbar Company sells electronics and on January 4, 2016, purchased 2,500 television sets at $800 each, on credit. Terms of the purchase were 2/10, n/30. Dunbar paid for 20% of these sets on January 13 and the remaining 80% on February 1. Required: 1.
Answers (1)
Many companies deliberately give you repayment plans that make sure it will take you decades to pay your debt. True. False.
Answers (1)
The Cansela Baseball Bat Company reported income before taxes of $375,000. This amount included a $75,000 loss on discontinued operations. The amount reported as income from continuing operations, assuming a tax rate of 40%, is: a. $375,000 b.
Answers (1)
Which U. S. government agency acts as the legal enforcement entity regarding Health Insurance Portability and Accountability Act (HIPAA) compliance and HIPAA violations?
Answers (1)
Identify Cause and Effect As you read the section "The Importance of National Taxes," consider what might happen if the government cut taxes drastically.
Answers (1)
New Questions in Business
Tomasini Corporation has provided the following data from its activity-based costing accounting system: Supervisory wages $ 670,000 Factory supplies $ 270,000 Distribution of Resource Consumption across Activity Cost Pools: Activity Cost Pools Batch
Answers (1)
Sarah invests $2,700 today in an account that pays 6 percent interest compounded annually. She wants to know the total balance in her account five years from today.
Answers (1)
For the current period, Kayenta Company's manufacturing operations yield a $3,500 unfavorable price variance on its direct materials usage. The actual price per pound of material is $80; the standard price is $79.50 per pound.
Answers (1)
What is the overall goal of administered pricing? Multiple Choice to increase competition in a market to gain control over a market share to ensure all companies use an ethical pricing model to increase the number of firms in a market to establish
Answers (2)
Proportion of us adults who own a cell phone. in a survey of 1006 us adults in 2014, 90% said they had a cell phone.
Answers (1)
Home » Business » Usually, price elasticities of supply areA) positive, because higher prices yield larger quantities supplied. B) considered short-run adjustments due to supply constraints. C) ordinarily a negative number based on the law of supply.
Sign Up Forgot Password?