Question
Which of these products or services is likely to have an inelastic supply in the short run?
A. cargo ships
B. haircuts
C. newspapers
D. staples
A. cargo ships
B. haircuts
C. newspapers
D. staples
Answers
Ms. Sue
Well, with three of those inexpensive and quickly produced, I could make a logical guess.
What do you think it is?
What do you think it is?