Ask Question
Today, 16:22

If the supply of a good is inelastic

+2
Answers (1)
  1. Today, 17:32
    0
    Answer:If price and total revenue change in the same direction, demand is inelastic. a measure of the extent to which the quantity supplied of a good changes when the price of the good changes ... the percentage change in the quantity supplied is less than the percentage change in price.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “If the supply of a good is inelastic ...” in 📘 History 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