The price elasticity of supply of perishable goods is_________?

Chuks612

9 years ago

It should be elastic nah

UwemAbasi

9 years ago

ok

shakurrebirth

2 months ago

The correct option is "D" ZERO i.e Perfectly Inelastic.

Perishable goods like fruits, vegetables, fresh fish cannot be stored for long.
Producers must sell them immediately, regardless of price changes

Vansilva

6 years ago

In case of perishable goods such as vegetables, fruits, and other eatables, the supply would be inelastic. This is because the supply of perishable goods cannot be increased or decreased easily. As supply cannot be increased or decreased easily, therefore elasticity of supply is said to be relatively inelastic
Best wishes to all jambites

remi_folz

9 years ago

Am confused sef

Azojipeter

9 years ago

A is the right answer

genesis156

9 years ago

this is rubbish.. most of the ansas are wrong sef..makin me feel as if i dnt no wat am doin...chucks d ansa is elastic..no mind dis olodo app