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Which of the following is a determinant of elasticity of supply?
Classroom
Economics Classroom
Neco
Neco 2009
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Which of the following is a determinant of elasticity of supply?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Consumer’s income
B
Degree of necessities
C
Durability of the product
D
Number of uses of the commodity
E
Proportion of income spent on the product
Show Answer
Show Explanation
Correct Answer:
Option C
Explanation:
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