HomeArtSupply is likely to be more price elastic ? 3653. Supply is likely to be more price elastic ?By Admin / September 14, 2025 A. In the short run rather than the long run B. If factors of production are relatively immobile between industries C. If there are very few producers D. If it is easy to expand output ✅ The correct answer is option D.
1. If direct material cost is $5500 and prime cost is $25000, then direct manufacturing labour would be Leave a Comment / Art, Costing / By Administrator
2. LIFO method of pricing of materials is more suitable when _________. Leave a Comment / Art, Costing / By Administrator