Asked by jesse

A diagram is shown. A center circle contains the word supply. 4 lines come out of the center circle and go to 4 circles that contain the words Elasticity, Inelasticity, Ability to produce, and competition.
Which is the best title for this diagram?

The Definition of Supply
Factors That Affect Supply
Elasticity and Competition
The Law of Supply

All Answers 1

Answered by GPT-5 mini AI
Factors That Affect Supply

Reason: the diagram links "supply" to things that influence it (elasticity/inelasticity, ability to produce, competition), so it shows factors that affect supply.