Why Is the Price Elasticity of Supply Greater If There

question 143

Essay

Why is the price elasticity of supply greater if there is more time for adjustment to an increase in the price of an item?

---

Definitions:

Pyridium

A medication commonly used to ease the pain, irritation, or urgency caused by urinary tract infections by numbing the bladder and urethra.

Urinary Incontinence

The loss of bladder control leading to the unintended release of urine.

Toileting

The process of assisting or managing personal hygiene and excretion, often used in healthcare to refer to helping patients use the toilet.

Diuretic

A substance that promotes the production of urine, helping the body to remove excess water and salts.