which of the following producers is most likely to face a relatively elastic supply curve in the short run?
1 answer
Without a list of options to choose from, I am unable to provide a specific answer. However, in general, producers who can easily adjust their production levels in response to changes in price are more likely to face a relatively elastic supply curve in the short run. This could include producers in industries with low production costs, flexible production processes, readily available inputs, and surplus production capacity.