Ask Question
28 May, 21:09

Elasticity of supply is a measure of the way suppliers respond to a change in price. is it T or F

+1
Answers (1)
  1. 28 May, 22:36
    0
    In business and economics, elasticity refers the degree to which individuals, consumers or producers change their demand or the amount supplied in response to price or income changes. So True
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Elasticity of supply is a measure of the way suppliers respond to a change in price. is it T or F ...” in 📘 Social Studies 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