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What is the term for supply of a product that cannot easily or quickly expand or reduce its production?
Wiki User
∙ 12y ago
The answer is inelastic.
Wiki User
∙ 12y ago
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What is inelastic?
Inelastic is something which is not flexible. You cannot stretch any inelastic product, whereas you can easily stretch the products which are flexible.There are two types of elasticities in economics.1. Elastic2. inelastic
What is used to describe the ability of government securities to be traded quickly and easily?
Liquidity is used to describe how quickly securities can be traded.
What are the advantage of inspect the product before purchase?
we are not easily fooled
How is a laissez faire economy different than a command economy?
Laissez-Faire economy is Market economy where you can easily start your business. All control under your hand, but there can be some restrictions by government. Wages,production ,price of product are defined by producer. Equilibrium point easily find it place in Market economy, because seller want to sell all of his outputs in a good price that demanders could buy this product. In Command economy all control under government's hand,government controls all means of Production. And put thy price on the product. Generally the products are not as qualitative as the product of Market economic. Because Market economics producer wants to make it qualitative to be selled .
What is the definition of inflexible?
If something is inflexible, it cannot be easily moved or bent. If someone is inflexible, their opinions or decisions are usually solidly rooted in their minds and cannot be easily changed.
Is the following sentence true or false skeletal muscles react quickly and tire easily?
its false... skeletal muscles cannot react quickly and they don't tire easily...
Will 273x111and multiply the result with 8 or 273x 888 give you the product 273x888 more easily?
Both methods are correct.However, the second method will give you the product quickly.
What was the Production Budget for Not Easily Broken?
The Production Budget for Not Easily Broken was $5,000,000.
What is philosophy of the product?
its wherby customers prefer cheap and easily available goods. the company is thereby forced to do mass production and mass distribution there by reducing product quality and customer satisfaction.
Is direct cost and variable cost could be easily identified with a product?
yes direct as well as variable costs can be identified with products easily as with change in production level these costs also changed.
Comparison of direct and indirect labor cost?
Direct labour is labour directly involved in the manufacture of a good and can be easily traced to the product or service e.g. the hours spent by an architect on the preparation on a building plan. Indirect labour is all labour used in production that cannot be directly traced to the product e.g. the work by factory managers or cleaners.
Can a pug live in high humidity?
No, they cannot. Pugs are very sensitive to heat and high humidity; they can overheat very easily and very quickly.
Do the number of layers of insulation affect how quickly the water cools down?
yes it will cool down slower as the heat cannot get to the water as easily
The product of 76.6 0.08?
It is 6.128 You seem to be unaware of the fact that you could have obtained the answer much more easily and quickly by using the calculator that comes as part of your computer.
What years was the Saturn Ion Redline in production?
"The Saturn Ion Redline was in production from years 2004-2007. They made a great deal of product that can be found pretty easily. Strong cars, typical little sports car."
What is the gin?
The Cotton Gin was a machine that quickly and easily separates the cottonseeds from cotton fiber. It helped farmers make more money and made cotton production so much easier.
What is the cotton?
The Cotton Gin was a machine that quickly and easily separates the cottonseeds from cotton fiber. It helped farmers make more money and made cotton production so much easier.
