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Which is an example of a good with elastic supply?

large handmade rugs

plums

sandwiches

passenger airplanes

thanks!

1 Answer

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  • 1 decade ago

    Large handmade rugs because it's not a necessity and has substitutes to it, so if the price were to increase, demand might fall instead since people can buy rugs that are made by machines. However, travelling by flying is mostly limited to planes, plums are different to other fruits and sandwiches are one of a kind, so they're relatively supply inelastic.

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