question archive Which of the following statements illustrates an inelastic supply? A
Which of the following statements illustrates an inelastic supply? A
Subject:EconomicsPrice:2.88 Bought3
Which of the following statements illustrates an inelastic supply?
A. IBM sold its personal computing division to Lenovo.
B. Sales of Apple's new iPhone 5S have broken all previous records.
C. Farmers have not been able to respond to a rise in the price of peas.
D. Foxconn technologies, a large manufacturing company that supplies electronics, is facing a strike.
Option 1
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