Question
Which of the following producers is most likely to face a relatively elastic supply curve in the short run?
a local restaurant who uses produce and ingredients from local farms
a national chain of grocery stores
an international shipping company
an automobile manufacturer corporation
a local restaurant who uses produce and ingredients from local farms
a national chain of grocery stores
an international shipping company
an automobile manufacturer corporation
Answers
GPT 3.5
A local restaurant who uses produce and ingredients from local farms