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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
Weegy: A product with elastic supply is one where the price you offer will have a strong impact on whether the seller will sell. A. cargo ships User: How does an increase in an excise tax on cars affect the supply of cars? A. More cars will be made. B. Fewer cars will be made. C. Supply will stay the same. D. Supply will increase. Weegy: B. Fewer cars will be made is how an excise tax will affect supply of cars (More)
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Asked 12/26/2012 3:00:18 PM
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A large increase in gas prices creates a demand for cars with good gas mileage. It takes months for car companies to make these cars. How do you describe this market for cars? A. inelastic B. elastic C. static D. inferior
Weegy: A. inelastic User: What is the effect of import restrictions on supply? A. They cause the available supply of goods to drop. B. They cause the available supply of goods to rise. C. They often cause supply to rise steeply and then drop. D. They usually do not have any lasting effect on supply. Weegy: B- they cause the availability of the goods to drop, as the import restriction, such as a quota, restricts the amount ... (More)
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Asked 12/26/2012 3:10:49 PM
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