Question

how do you define elastic supply​

Answer 1

Answer:

hello wht is ur name ? CAN WE BE FRIENDS

:)

;(

Answer 2

Answer:

The price elasticity of supply is a measure of the degree of responsiveness of the quantity supplied to the change in the price of a given commodity. It is an important parameter in determining how the supply of a particular product is affected by fluctuations in its market price.

hope that helps !!!