One Reason Why the Price Elasticity of Supply for DVD

question 317

Multiple Choice

One reason why the price elasticity of supply for DVD players is greater than one is that

• A) the cost of producing DVD players is small.
• B) the storage of DVD players is not possible.
• C) DVD players can be easily stored.
• D) the demand for DVD players is fairly large.
• E) DVD players require relatively advanced technology for their production.

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