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A-LevelEconomicsThe price system and the microeconomy9708/12 · Feb/Mar 2021 · Q101 Mark

What is the likely price elasticity of supply of highly perishable goods and goods that have low stocks? highly perishable goods goods that have low stocks

Aelastic, elastic
Belastic, inelastic
Cinelastic, elastic
Dinelastic, inelastic

✓ Correct answer

D: inelastic, inelastic

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Topic
The price system and the microeconomy, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source
A-Level Economics, Feb/Mar 2021 Paper 1 Variant 2, question 10.

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