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Nature of commodity affect elasticity of …

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Nature of commodity affect elasticity of supply

    • Posted by Paramveer Singh 6 years, 11 months ago

    CBSE > Class 12 > Economics
    • 3 answers

    Priya Sheoran 6 years, 11 months ago

    Natural resources= inelastic Man made=elastic

    0Thank You

    Priya Sheoran 6 years, 11 months ago

    If the commodity is made of natural resources then it supply will be in elastic it and if the commodity is man made then it supply will be elastic and will be according to the will of the supplier

    0Thank You

    Yuvraj Singh 6 years, 11 months ago

    Yes it affect the Elasticity of supply

    1Thank You

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